Keeping track of my prediction that we will see a significant decline in the markets. The Dow dropped nearly 200 points yesterday. Once again, I'll repeat: the government doesn't have a clue. After everything that they've done to jump start the economy, it won't respond. The only thing that they've been able to accomplish is to pump up assets ( like stocks ) with a mountain of debt. The trouble is that their theories do not address the source of the problem. The source of the problem is that there are many in that party ( Democrats ) who really don't believe in growth anyway. They would just as soon prefer to let the economy stagnate where it is because they are okay themselves. As for the rest of society, they are okay with creating greater dependency because it is not a threat to them---yet. But will it, as they numbers of people in want keep swelling?
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
No comments:
Post a Comment