Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, February 10, 2009

Feels bad for the market

I just keep liking the rhetoric going on...

I like to hear that "Workers are the lifeblood of the economy." That Hard work should be rewarded. And that 'WallStreet' will not be rewarded for driving the train off the tracks... and that there will be more regulation to stop that from happening.

This all just feels like a recipe to rebuild a morally bankrupt culture. one that rewards monopolies, and lack of competition.... and to go on with a little marx.. where the means of production are controlled by the few.

Not that Communism or socialism is the answer. But there is a reason for government.. and it's not to help business, at the expense of workers.

makes one think that being a worker... you may actually make a living... have health care and be able to feed your kids, own a home and pay your bills....

Who knew this could be good for business.

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