If this economic crisis is as bad as claimed, then the stock market should be around 5,000 and gold should be around $3,000.A good point. The 1929 crisis that caused the Great Depression did indeed crash the stock market. Ali's response? Stocks are trending downward, while gold us trending upward. He had no comments about the fact that there is no 1929 style "crash" in sight.
-2) Barak Obama just said that the upcoming debate between him and McCain(McCain has suspended his campaign to go back to Washington and participate in the bailout controversy) should go off as scheduled... because the American people deserve to hear from the man who will be responsible for fixing "this mess" in forty days.
Barak Obama - like John McCain - is a United States Senator. He is responsible NOW, this very minute, to be where he belongs, in the Senate, to help fix "this mess". They are talking of a trillion dollars of taxpayer money to be handed out - no strings attached - to wall street. EVERY vote counts.
-3) President Bush just said on TV we all need to pull together to handle this situation. Seems to me that is happening no matter what we do or don't do, because in forty days, Bush's replacement will be chosen, and the man most responsible for "this mess" George Walker Bush, Mr. "borrow and spend " himself, will be on the way out... forever.
No comments:
Post a Comment