Monday, September 29, 2008

Nero Government

"The blame game on Capital Hill begins as the US economy burns in the background."

As I type this, the Dow Jones Average has recovered from a historic point loss of 734.

Things need to change. I'm not talking a bailout. The bailout is a robbery and, as I've been saying a lot recently, a short term solution to a long term problem. Throwing money at a problem will not fix it.

DJI breaks above -570

What I'm more angry about is the blaming that is going on in D.C. For one minute, forget about the economic problem we're seeing right now and look at our representatives... look at them squabble amongst themselves and blame each other for a failed bill.

All of these House representatives are up for re-election.

DJI -600

Forget about Democrat and Republican. This is a failure of the US government that dates back to the late 1990s when the credit laws were repealed. Greed took over then, we're paying the price now.

Tomorrow may bring either hope or hell.

DJI -624

This week will be rocky and may decide the fate of the United States economy.

DJI -620

It's a wait-and-see period.

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