If you think Halloween is scary, you must have not read today’s headlines in the news.
Whether you are into the stock market and investing or not, you cannot escape convesations surrounding the “bailout” that is in progress today. Individual investors stand to lose thousands to hundresd of thouasnds, if not millions of their hard earned dollars to a few lousy decisions made by so-called corporations - and worse of all, the government is standing by watching all of this happen.
If this image doesn’t send chills down your spine, you must be doing better than the 99.99% of the people in this country.
So how the hell did we come to this? What’s the recipe of destruction here? Let me see…
- 1/4 tsp. of greed
- A pinch of arrogance
- 1 tbsp. of cockiness
- 3 tbsp. of non-accountability in our government
- And a freaking pound of pure corruption
Looks like a great recipe to me - and that has been stewing in the financial time-bomb slow cooker for years. While some might have talked about it and discussed situations like this over dinner or beer, it wasn’t as far-fetched now is it?
And for those who thought this country was too strong to crumble, think again? And wake up to reality. The headline again is:
Dow Plunges 500 as House Defeats Bailout Plan
I’m still hoping that by some miracle, the Financial Gods can forgive the ignorance, greed and stupidity of people in charge of letting this happen. Although this humbling experience would teach our government a thing or two about being responsible and perhaps not thinking that U.S. is as great and invincible as it is.
So now what? Well, we sit and wait - while the “decision makers” determine the fate of this country. Imagine that! No doubt that political individuals are trying to work together to resolve this financial problem. One side of me really want to believe that they are all working together for the good of this country. But the realistic side of me know that while they are trying to work this out, nothing will be worked out and society will just be paying the price for this whether or not this damn freaking $700 Billion bailout is passed!
This quote just absolutely tickled my funny bone a little:
In rejecting the proposal, House members effectively called the bluff of Henry “we need to enact this bill quickly and cleanly” Paulson and Ben “grave threats to financial stability” Bernanke about the risks of inaction.
Those mofos are playing a game of “dare” and “bluff” at the expense of our financial stability. Yes, you, your friends, families and everyone else whom you know, or not, - your future will be determined by these few “men in suits” calling the shots. How do you like being a citizen and supporting you government now? 
Let me emphasize that I’m not an investing guru and by no stretch of the imagination am I qualified to give financial advice - but when it comes to common sense, those guys running the big companies and some at Washington could sure use a few.
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