Posted by
babycat on Sunday, October 12, 2008 8:18:05 PM
It's usual that FOX News has mostly rerun noise during weekends unless Drudge Report has a breaking story that cannot be ignored, so for Brit Hume to be heard signing the "financial crisis" story over and over is yet another sign that DC is having a worse time than many other 'regular' people are actually experiencing. How many times has the MSM be it paper or TV tried to sell garbage as news prior to an election with the story buried soon after the anticipated response did or didn't occur? So with the fact that yes there are some people that are less liquid or employed today isn't anything that isn't normal to changes that just happen in an evolving world, an evolution that is nothing like what Al Gore and Barak Obama are promoting, so if this hurts the status quo crowd...whew..get ready for real social upheaval! Maybe that is the story of concern? Consider how long after a hurricane it takes a neighborhood to be rid of blue tarps on roofs; Brarak's ten years to be rid of coal and petroleum energy is going to make Detroits auto problems look like kids play come retraining and employment dislocation. What so far has transpired to Wall Street and so many banks or mortgage outfits has it's origins in DC with the Democratic policy that began with Jimmy Carter and augmented by Bill Clinton...so it's only natural that the Democratic Party would try to have other people shoulder the damage, little folks never cop to being responsible unless treated unfavorably in court, if then.
This weekend we have non stop clap about 'crisis', but the venues to Nascar, or Formula 1 races in Japan or the restaurant down the street not doing business as uaual? This is the coming showdown between the financial players globally. Remember that the worst states budget problems are 'Blue' states politically with democrats having run CA, NY, NJ, and MI into tax hellville, with Treasury Secretary Paulson brewing more taxpayer paper....has anyone looked at the number of collegues from Goldman Sachs other than Mad Money Cramer that are involved? Isn't that the house of $200 oil? Today the price is $77, their stock price was $240, today it's $88. It seems the press is clouding the ink and airwaves with little that shines any light on what fox is in what hen house looking for whos eggs, or us regular folks retirement or bank accounts...dollars! I not only don't trust the story, but I also don't trust anyone in DC peddling a remedy from insitutions that comingle so many bodies that get so much wrong and shouldn't be trusted to fix what they have fabulously blew up to a 'financial crisis'! If I were a banker I too might be ON STRIKE until the trash were removed.