ALL CLEAR?

Well by the looks of things everyone is rejoicing in the streets. It seems that all is clear and the buyers are jumping off the fence to get in the action, after all nobody likes to be left behind. Well we were do for a bounce and so here we go. I suspect Wall Street is ordering their party hats right now. What is the truth in this?

Well let’s just put things in perspective:
Lets see the Feb had to intervene in a deal with Bear Sterns to prevent a “Melt Down”.
Consumers are starting to figure out the economy is slowing.
The Sub prime debacle is just getting started since the bulk of subprime loans are adjustable rate mortgages.
Corporate earnings will reflect a slow down. Possibly causing fear and more job cuts.
The U.S. dollar is in huge trouble, as foreign investors don’t want the risk
The FED is printing money as fast as the printers will allow thus diluting the value of the dollar.

Then Wall Street jumps on the rally wagon and all of a sudden we are rocking. I for one don’t buy the BS. I must ask myself who is next? Do you think these banks have not taken on some huge risks in the mortgage mess? I think we have not seen the end of weekend surprises from the FED and his buddies.

So I ask you this. Are you better off now then five years ago? If your answer is no, then what needs to change?

Our fearless leaders are about worthless and they only care for themselves. What ever happened to “For the People”. Seems that the fat cat got to them all. Now here is something that disturbs me. In this great Country of highly intelligent people how in the hell did, Clinton, Obama and McCain get on the ticket?

Here is Clinton's plan. PHILADELPHIA — Senator Hillary Rodham Clinton returned to one of her major campaign themes Monday — the economic impact of the home mortgage crisis — and called on Congress to provide $30 billion to help states and communities lessen the number of foreclosures.
I should tell her the Country is broke!!!HEHEHEHE

Now that will work.