Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (42468)	1/3/2009 5:02:38 PM
From: Pam	5 Recommendations Read Replies (2) \| Respond to of 95597

I heard someone say on the radio today that there has been 8T(that's T as in trillion) in cash sitting on the sidelines in money market funds, CD's, etc.

To: Donald Wennerstrom who wrote (42468)	1/3/2009 5:47:45 PM
From: Woody_Nickels	Read Replies (1) \| Respond to of 95597

Don, I don't think Washington has changed its profligate ways. Nor has Detroit, the Fed, Wall St. or the RE market(watch out for commercial RE), among others. We the people have to live within our budgets, but other, "more important", people aren't bound by the same rules. The Fed has already lowered interest rates to next to zero. How did we get into the current mess? Easy money via low interest rates. We're making the same mistake AGAIN! But now the government, which squandered Soc. Security and Medicare funds, wants to impose/waste more, expensive programs($1T) and the governors of 43 States want $1T, on top of the $1T already in the chute. But, NOTHING has changed. There is no more fiscal responsibility in Washington, Detroit or on Wall St., than there was when they caused all the current problems. And the taxpayer is expected to cough up the money, even if it takes generations. The people in government have NO insight into the value of a dollar. We the 'little people' are here to provide dollars to bureaucrats that don't know how to live within their means. And all that workers have left is (spare)CHANGE! I'm tired of being ripped off in the name of 'fairness' by people that have NO CONCEPT of the word. They can't balance a budget, they print money so that the $8T in cash on the sidelines is inflated to ZERO, and try to take the small savings I put aside to supplement Soc. Security, because WE ALL KNOW that Soc. Security alone doesn't cut it. SOBs! When will it end? Washington, Detroit, Wall St... get your lazy, stinking hands out of my pockets. Go get a real job, because the fantasy land YOU live in costs ME too much! Rant off. Woody There may be a lot of cash on the sidelines, but will it go into stocks, real estate, gold, boats, or what?