Lets break this down. What happens now. Come Monday morning EST. The DOW
will go into convulsive shock. You could see 800 to a 1000 point drop. With more to
follow the rest of the week. Now is this a correction. Very well could be. Since Obama
took office we have had nothing but a Clintoon type of smoke and mirrors economy.
False reporting figures are what Obamas people are really good at. They can make
white look black and black look just plain white.
Blame, go ahead and point a finger, But when you do that sucker had better be on
a 360 degree swivel. For we are all responsible for this. Not one person. Not one
Party, The whole damn nation. Personal irresponsibility in debt management caused
our elected officials to take up the same posture, The Alfred E Neuman approach
what me worry, Well it is damn sure time to pucker up now. For Interest rates will
rise 6 points come monday. and for the next week period could be 12 points.
Bernacke left his rate artifically low for to long, causing this fning meltdown. He
is as directly responsible as anyone else for this failure. Stand Naked to the World
America you screwed up.
· 8 years ago