Friday, August 5, 2011

Down, down, down

Did you watch any of the fall on Wall Street yesterday? I listened to many talking heads trying to figure out why. I suspect it's a nervous market. Later today the employment numbers for July are announced. And to think that avoiding the 8/2 deadline, getting checks to Granny, issuing pay to our military, and paying the interest on our debts were not enough to solve our problems. Now the DOW.
I watched the world at 3am. The markets in Hong Kong and Japan were down nearly the same percentage. China's market slid but not to the same extent. The reporter in London said Europe is slipping too.
Well, we were assured yesterday that our president is working on the jobs problem. Of course, we were unable to get an answer of what he's doing. I'm sure he's nervous and worried. Maybe he needs to face his own insanity.
Doing the same thing expecting a different outcome. Insanity.
Time to listen to other voices, Mr. President.
'til later

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