I'm already not voting one of my reps back because they switched on the vote.

Just to shake things up this year - I might just vote against the incumbent for every state position.

 

congress is up for reelection. All they care about is votes. They think the people want this because it will make the most immediate and visible difference on the stock market and the economy in general.

They don't give a **** if the country falls flat on its face after they get reelected. They get theirs. That's all that matters to these ****ers.

As long as they have millions in the bank who cares about the middle class. They're family is taken care of so after the collapse they'll be in even better financial standing. How do you think old money even got created. They're the people that will stand dig up your grave and put it in the river if it means the property value will go up.

 

I'm having a hard time the majority of their contingents will be happy about the new law and have enough faith to reelect their representatives. Especially for the ones that flipped their vote after a bunch of extra BS was added to the bill.

I don't see the good side of this.

 

Well, just as in 99% of what goes on in Washington, D.C. - the average Joe American has no say whatsoever in the matter.

The elite that run this country will continue to run it and we, as middle class citizens, will continue to have our wallets drained for the benefit of either the poor (which I don't mind much) and the rich (which I mind a whole ****ing lot because last time I checked they didn't give me a penny).

 

Everything good has to come to a end sooner or later..

 

We had something good? Since when? Last I checked we're still in two wars, our economy is in recession, gas and by extension any and all goods are at their highest they have been in years and our unemployment just hit 7.3%.

What's this good I keep hearing about?

 

Its just pulling the cord on the parachute to slow the market freefall. It doesn't fix the problems (greed, poor business practice), nor does the money get immediately doled out.

 

The good was gone about two years ago... I watched it happen. I thank god most my friends and family didnt refi their homes. I knew this was coming... I am willing to bet we will get allot worse before it gets better. I'm placing 5 years at least,

The world still has to deal with the up coming holiday season which I see will be about nothing.... Even the lump of coal will be gone. As the futures guys drove those prices up too....

They should have stepped in to regulate gas prices, That would have slowed if not stopped the car market failure and the housing failure.

Gas companys can get and should get 80% of the blame. They were the ones that poked the pin at the ballon...

 

We need a new national project.. A bullet train or something to turn the nation around. The bullet train would be it. Giving out jobs, Helping the enviroment. Something we can be proud of.

And get the damn military home. We have wayyy to many things going on here. Lets fix us before we try and fix anyone else....

 

I agree, I think all of these bail outs and prop ups are doing is simply moving the date back a little before the worst of it happens.

Mike

 

Least I know where the 40k in bonds I bought are going.... :-(

 

Theres a proposition on this election's ballot of a high speed train system.

There are a lot of jobs up in the air for us Californians - I say we don't stop making jobs until we fix our state.

Maybe then the federal government will get their heads out of their asses and do the same.

And not only gas prices going up - but the unemployment rate skyrocketing had/has about 99% of blame for this market failure - no jobs = no money for loans, which leads to this ****.

If we had a half way decent president in charge that could keep unemployment down to 2% and regulated the oil companies - we may have avoided this all together.

 

Oh and if they think this is helping?

The word on wall steet was the sell every piece of paper you have while the markets up..... so it didnt fix anything just bought people time to get out before the big one hits..

I bought into huge companies.. No company is safe though. I'm not so worried. I can take the hit kinda if they go out. But I'm feeling more long term. So I'll just ride those out. Nothing money wise is safe right now. Besides in my locked home.

I think the next 4 months is going to set the grim toll for next year march and forward.

 

Too true - but locked in your house it looses its value at the rate of inflation.

Buy Bullion - that has kept up with inflation for a while now.

I used to know a client that bought gold bars from Fort Knox (whether he actually did or not I do not know) and kept them in two safes at his house.

Of course, he also had a panic room and a nuclear bomb shelter under his house....

 

Just checked all the markets are down..
But I think I found a good buy...

Yahoo, Inc. @ $16.00

That I'm sure will go up when we keep failing... someone will come ****** them up and stock will climb..

http://business.cbs5.com/cbslocal?Ac...=MarketSummary