Monday, September 29, 2008

Bailout Thoughts

My God could we stop CNBC, CNN, FOX and whoever to stop the madness about Bailout. Listen folks I am totally against the bailout for 3 reasons: Tired of the wasting of the tax payers monies on crap that only benefit a few, tired of the need to right now mentality which forces us to make decisions without looking at alternatives and finally this bill won't save the eventual fall of the markets.
The people who controls the power in this country need to be accountable to all of us: from the CEO's, new reports, analysts who have their talk shows who constantly misinform us and finally the politicians who play with our futures with their egos and game play.
We must stand up against the establishment because it is us who will suffer in the end.
We are going to see much much lower prices I still think when all is said and done 6800 on the DOW might be the level I think the market can constructively rebuild itself, till then we are in nose bleed territory.

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