Another bit of help with the roadsigns...

Excuse the rant, but the pressure builds...

How many folks here have enough long term memory left to remember a couple years ago when the newly elected Dimocrats were hauling the banking execs onto the carpet and grilling them as to why they weren’t lending more money to poor folks to allow them the pride of home ownership?

There was a reason banks hadn’t lent money to them. They weren’t in the habit of making enough regular payments so as to lift their credit rating. That’s why they were called RENTERS!

The banking industry, in response to pressure from the politicians now in control, came up with Creative Financing, where aformentioned poor folks could get a mortgage without a down payment. All this did was shift them from paying rent on a home they didn’t own to paying rent on a home they did own.

Then they cut the oversight of Fannie and Freddy…

Oh, then we have a crisis that’s “just too good to waste”…

…and we wind up with a Dimocrat in the White House along with control of the Legislature and now we’re going to tax ourselves into prosperity… AGAIN!

I would have no problem with targeting the Bailout/Stimulus to just the districts that voted for it.

With the addendum that the ones that voted against it also don’t have to pay for it.

Watch people vote with their feet then.

Long time, no key...

Wow, it's been THAT long since I posted something here? Daannng...

Well, it has been an event filled time, hasn't it? History has been made and unmade. Scary times, these Historic Days, hunh?

As to investments, I believe we're looking back at the bottoms of the market, for next few months anyway. We've seen investors become aware of the dangers of inflation to come, what with the trillions and trillions of greenbacks being printed. We're seeing the Gulf States actually have to keep their old 747 instead of upgrading this year, due to the fall in oil. And worst of all, we're seeing our grand and great-grandkids' taxes being spent this coming 2 years.

I say 2 years becayse that's when the next elections are and we'll have a chance to turn the tide in Washington. Hopefully, we'll be able to get out of this depression without a war like the last one.

What I'm buying this week? UYG, OMEX, SOLM (nice pop today on this one) and I'll hold on to them till I've made a few bucks. Nothing long term, as with the bricks, no, CONCRETE BLOCKS I've taken upside the head for being in this market the last few months, I have to go for the short term gains to raise capital (and grocery money).

Like the sign says, GOOD LUCK!