Tuesday, February 17, 2009

Market Dives 300 upon Signing of Stimulus

Everyone is quite excited that the stimulus bill that nearly none of the Congressman or Senators read was signed into law today by President Obama. Wall Street was so excited with this happening that it dove 300 points today alone. Meanwhile the mood is absolutely black everywhere I go. No one seems to be having much fun. Work is quiet, the coffee shops are muffled. I hear people talking about how they don't have money to pay their taxes at a bar. I mean I am not so thick that I can't read a vibe, and right now the vibe is ugly. California, for its own failing economy, is one of probably one of the worst places to be and maybe that is why the vibe is so acute and so palpable.

I do not watch TV anymore. I have not for some time, opting to read books and news instead. At this point, I am beginning to wonder if I could actually make it through a happy-go-lucky local newscast without reflexively tying a hangman's knot I figured losing the daily drubbing of moving picture advertisements might do my brain some good. Now I read the Bible, history, and a lot of news. For history I am reading Paul Johnson's A History of the American People. Johnson, I find, is a solid British writer. I am also trying to read at least 20 to 30 news stories a day. This is not easy to do, you might try it sometime. I read from all over and try very hard not to be overly discriminating. I want to hear multiple sides and takes. There are many people I don't agree with these days (maybe I never did). That does not mean I have to shun them. I want to know them in order to know how I want to respond to them.

Alex Jones and Jerome Corsi were on Coast to Coast last night and were talking about the conspiracy theory of the New World Order. I am not there with these guys at this point. I don't buy that all this hell that is breaking loose right now is being done to us by people trying to actively make it happen so that they can drive us into some weird form of slavery. I do however believe that the US has lost much of the principles and values it once had and sold them to the moral relativists. The reality is that nothing is wrong OR right anymore, and everything should be accepted just as long as it does not kill anyone (babies not included). This is what I believe is happening - the slow dripping loss of moral principle.

I do know this, Nancy Pelosi, who is for contraception and abortion but also purports to be a Catholic is going to see the Pope shortly. I would really love to hear that live. So one of the things that we will be talking about shortly is to cover that event. Speaker Pelosi is arguably one of the most powerful people in the country currently and I find her to be nearly rudderless, economically and morally. For today, is a day of an observant break. We must observe, be weary and vigilant. Read more, watch less, and try to smile while doing it, as tough as it may be.

See you tomorrow,

Good Evening - C

1 comment:

  1. The scarry thing is that that is just 10% of what the markets have lost since Obama was elected President. All because the many has NOTHING GOOD TO SAY! He obviously didn't learn the old saying, "If you can't say something nice don't say anything at all." where the economy is concerned. He rails about consumers not consuming and the woes of the nations capital markets yet he is the one driving them down with every speech he makes.

    Some one should do a parody song using the Police song - Every breath you take.

    It could go something like this. Mind you I only took a 2 minutes to rework the words, so there is obviously room for improvement.

    Every speech you make
    Every move you take
    Every bond you break
    Every stock you take
    The market is watching you

    Every single lie
    Every thought is die
    Every game you try
    Every night you fly
    The market is watching you

    Oh, can’t you see
    It belong to me
    How my 401 aches
    With every stock you take


    The rest of this is posted on my political blog: http://weholdthesetruthsselfevident.blogspot.com/

    ReplyDelete