Is GS witch hunt tip of iceberg or tipping point? 5 MAJOR banks conspired to sell the phoney paper......all are getting paid......as avg American sinks farther into the rabbit hole.
“castles made of sand…slip into the sea eventually” mkt built of straw and smoke and mirrors sets up a CRASH SCENARIO IMHO
Pitch fork sales are setting records, so is tar and feathering. Transfer of wealth escallating as less paying any taxes and tax cuts set to end in 2010-2011.
Panera is busy, AAPL is selling IPHONES, all that is wonderful as I eye an empty parking lot at local best Buy......but people are in SHOCK business is still so bad. Reps are so far in hole they will never get out, commisioned sales people......"never seen anything like it" because there hasn't been in OUR lifetime.
Little biz out there propped up by excessive Gov spending and FED 0% rates...mostly benefitting the few....the BANKSTERS....as GOV grows and it is it crowds out small business.
Consumer sentiment and small business confidence is near its HISTORIC LOWS...but DUDE!!!!.......the market has advance plus 75% !!!!???? It is saying VVVVVVV SHAPED RECOVERY...it should be staring us in the face like the beam of light coming off a chrome dome! (do I ever get credit for my sense of humor?)
Something is rotten in America, the people will not stay asleep forever, as we're DUMB but we're not stipid
D
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