A Different Way to Think

The people with money are speaking and for them, socialism just doesn’t cut it.  Has anyone noticed how much farther the stock market has fallen since the election.  I think this is  a sign that people with money  are balking at the president with his “Robin Hood” principles where he robs the rich to give to the hood.  I can’t blame them.  My principles won’t let me get angry at anyone for having money because I know that they either (A) worked hard to get it, (B) inherited it from someone who worked hard to get it, or (C) were extremely lucky to get it.  In either way, I don’t get angry or jealous for anyone for having or wasting money.  I just get angry at myself for not having found a way to earn my personal fortune by now. 

But I digress.  We are at a point in history where the president plans to spend more money than anyone has ever spent before on social programs when we really need to save money and spend on stimulus.  What we are doing now is the equivalent of maxing out a credit card, then getting another credit card with a bigger balance and maxing it out.  It just doesn’t make sense.

The stock market is reaching levels that were once records.  The Dow now sits near the level the NASDAQ was at during an all time high during the Bush administration, and less than half the level of its all time high during the Bush administration.  People with money are scared to invest in bargain level stocks when the president threatens not to help big businesses survive on the principle that they got where they are by being greedy.  I myself thought about buying bargain basement stocks thinking the government would bail anyone out, but the $2 Ford stock seems shaky, and Circuit city decided to go out of business.  At this point, any low price stock could represent a company that will announce its liquidation sale soon.

This is a tough situation that to me beckons that we ease the tax burden on big business and the rich to help  them bring us out of this whole.  Of course, this won’t happen so lets all brace ourselves and get ready for the roller coaster to reach the edge and drop.  WEEEEE!!!!