From John Cole-who is, like me, a reformed conservative: I don’t get it. The Republicans and some in the media are calling this the Obama recession and the Obama bear market and the Obama economy, but this says it will be the longest recession on record. Yet Obama has only been President for a few… Continue reading Amen brother!
Category: Rich people should appreciate it!
Jim Cramer, call your office…….
Jim Cramer is very worried about the impact of the tax changes to his bottom line: As someone who can expect a real shock when I get an Obama-shredded paycheck the moment his plus-$250,000 tax levy kicks in, I can’t be thrilled. Only the brain-dead like to take a pay cut for doing the same… Continue reading Jim Cramer, call your office…….
Wall Street voices its opinion of the new President…….
It would seem Wall Street did not have a high opinion of the President’s inaugration speech today: The first “first” of the Obama administration-the first time the Dow has been below 8000 since, 2004? Guess that line about the “greed of a few” did not strike a chord, eh?
Mini-me…..
Or Mini-Bill to be more correct: H/T to Spike!
Questions on my mind…..
Unbelievable. Today is simply one of those days, that I thought would never happen. I thought the markets were going to rise today, given that the news of an agreement on the bailout had been accomplished. I was in and out of various meetings and conference calls today, but every time I came back to… Continue reading Questions on my mind…..
Dead cat bounce…..
Kind of looks like this:
So much for the rally……….
My 401K is rapidly becoming a 200.5K. So much for buying that bar in Phuket!
Why am I not suprised?
Switched the tube over to the convention while the S.O. was indisposed. And who should be speaking at the Republican convention-the gathering of those folks who are in touch with “real America”? Carly Fiorina, former CEO of Hewlett Packard, who-in the course of a a 6 year tenure as CEO, ran HP’s stock price down… Continue reading Why am I not suprised?