Sunday, February 22, 2009

Why The Market Sinks

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Is It Any Wonder The Market Continues To Sink?



Most of this has been covered in the Blog, but a good summary list. The picture is worth a thousand words.

Markets care very little about the past, it is the future that people (used) to invest in. The Palin nomination / McCain uptick gave them a ray of hope, but that hope is long gone now.

We desperately need some hope that is "old and real" -- responsibility, paying personal and national bills, the people that earn the money keeping the money, real risk and real rewards -- simple things like that. We are back to the 70's -- now the questions are how long, and must we REALLY go all the way back to the 30's or an even worse place before we realize the basic truth.

There never has and never will be a free lunch!!!!


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