That was a pretty smart move James, considering what alls going on today. The only problem is you're way too late because we, the public, are being whacked from just about all sides now!
1. Congress gave final passage to the bankruptcy bill today which will have a chilling effect on consumer spending. People who have been charging everything you can imagine to their credit cards may, after hearing about this on the news, stop and think..hey, maybe I should cool it with the credit card. And to think that some of us can be so stupid as to rack up massive credit card debt to buy extremely risky penny stocks is incredible. This is all we need now, a pull back in consumer spending.
2. The Federal Reserve Banks have been raising interest rates at an alarming pace since last July which will have a massive impact on those ARM's those buggers "talked us into!" I am expecting many real estate foreclosures in the coming months, if the "Feds" don't back off with this nonsense.
3. Fuel costs are going through the roof and are at the highest levels ever! We simply can not afford to dither around any more pandering to those lying "enviro-bloodsuckers!" We've GOT to do something about this ASAP! Fock this "global warming" nonsense, before we all go belly up for good!
4. And, the Chinese are also knocking the shite out of us with their dollar-pegged currency, and it is getting worse every month, and our politicians are literally spending our taxes like drunken sailors in a port full of horny prostitutes!
The situation we've got is untenable, and it simply can not keep on heading in this direction.
Robert |
