THE MARKET IS HAVING ANOTHER SHORT COVERING RALLY ON LOW VOLUME...
THE HOSANNA EXCUSE IS WHAT...? THE BAD BANK IDEA...? WHATEVER...
ONCE THE STIMULUS IS PASSED CONGRESS...THE MARKET WILL START ANOTHER LEG DOWN...BECAUSE ALMOST NOTHING IN THE PACKAGE WILL STIMULATE THE ECONOMY...
THE GIFTS TO THE STATES WILL REFI...THE GOLDEN PENSIONS OF STATE AND LOCAL WORKERS...ESPECIALLY THE TEACHERS UNIONS...WHICH CONTROL MANY STATE GOVERNMENTS....
I AM REALLY SHOCKED AT HOW UNCREATIVE OBAMA IS...
HE IS ALMOST AS OUT OF HIS DEPTH AS DUBYA WAS...ONLY IN A DIFFERENT WAY...
OBAMA CANNED METALLIC "SPEECHES" ARE UNINSPIRING...
HE BASICALLY GOT INTO OFFICE ON HIS GRIN AND THAT FACT THAT HE WAS A NON THREATENING BLACK GUY...
I AM NOT SURE THAT OBAMA HAS THE POLITICAL COURAGE TO HANDLE THE CLASH WITH SPECIAL INTERESTS THAT WILL BE NEEDED TO SOLVE THE PROBLEMS...
MY HUNCH IS MORE DRIFT...MORE FLOWNDERING WITH HALF MEASURES...
OBAMA SIMPLY REFUSES TO RECOGNIZE THE STRUCTURAL NATURE OF THE PROBLEM...
THIS PORK PACKAGE WITH MONEY TO THE STATES FOR UNION PENSION ENHANCEMENT...AND WEATHERIZATION PROGRAMS IS RIGHT OUT OF THE EARLY 1980'S...IT SMELLS LIKE NANCY AND HARRY ON A TRIP DOWN MEMORY LANE...
REALLY SAD...
OBAMA SIMPLY CAN NOT BREAK OUT OF THE MOLD THAT CONGRESS HAS PUT HIM IN...
OBAMA NEEDS TO REMEMBER THE WORDS OF LENIN...IN ORDER TO MAKE AN OLMLET YOU HAVE TO BREAK SOME EGGS...
OBAMA IS WALKING ON EGGS...SO FAR...NOT BREAKING THEM.