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Message: WTF is going on?

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bluenoser

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WTF is going on?

posted on Oct 02, 08 08:44AM

1. The market is crashing with even gold stocks declining. Usually they go up when everything else is going down.

2. Oil prices are being slashed.

3. With all this talk of the US being on the brink of a financial disaster, the US$ is rising against the euro and the CDN$.

4. Early this week, congress votes against a bailout and the stock market crashes. Yesterday the Senate voted for the bailout and.... the stock market crashes. In between, the market rallied.

5. The Republicans and Conservatives are pushing for government intervention in the capital markets and socializing Wall Street.

6. Jack Layton thinks he can be Prime Minister. (JES, substitute Ralph Nader for Jack Layton and President for Prime Minister and you will understand the point.)

I would like to see the economist or talking head on BNN that can explain all this away with some sort of economic theory.

Cheers,

Bluenoser

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