I Eat Bear

Today, Lehmann filed for chapter 11 bankrupcy. I have to look up my chapters, but I am not sure that means they are dead. Gee, I hope they are,,, as a company,,, and I do feel so very bad for the people that worked there. But, today, it is the broader economy I feel so much worse for.

This company, and many like them, have been the very same, robbing from your portfolio at will.
Merrill Lynch is no better, and neither was Bear Stearns. Crooks, that reaped in the good times, and should be HUNG by the neck until dead, for RAPING you me and millions of others.
Do I want AIG to fail? You bet,,, just as fast as possible. They are another rapist at large.

Oh, this is only FISCAL rape, but, violation of your sanity, and future, is RAPE, if not your physical body involved,

If you are asking me to have compassion here, I am sorry, I have none. When the DOW tilted down to 11000 for the first time this year, where was the first 400 points of recovery? ALL financials. YOU IDIOTS! Or was I? I stayed, because I knew, it could NOT be true.

The value of a good stock is the company behind it. I stand by that, and will untill they come and beat me until I croak We have lost sight of company assets, and moreover, company earnings. It is all about a demented analyst, or a company so far in debt, it has every right to rob "the PUBLIC". To that, I say BS, and forgive me for not writing it in full, but please get my intent.

Do I blame them? Not really, believe it or not. I blame the GOVERNMENT. A group of blind-sighted IDIOTS, seeking a pension, and otherwise, totally useless.

Ok, I AM for free markets, and maybe, just maybe, this way had to be tried. We now KNOW, beyond a shadow of a doubt, this way does not work.

We CAN NOT allow people who do not own stocks influence it's price. YES< that includes INVESTMENT BANKS, that should NOT be allowed to own ANY, at all. They can get revenues from trades ONLY.

And don't get me started on Bank of America. They were smart. Picking up all of the pond scum, which in the end, should make a beautiful rainbow, with a pot of gold at the end. BUT, the MORALITY of it, makes me sick.

I posted about Big Lots, profiting from those that can afford it least, Bank of America is no better, just smarter, and has more moola to toss into the fire. I pray for their day to come too.

50 BILLION,,,,,,,,, for a defunct Merill Lynch?

How about 50 BILLION, for this nation's 7 % unemployed,,, or better yet, a GOVERNMENT with some SENSE.

TRY, just try, to tell me,, the SEC does not know who, what and why this is all happening.
And, worse yet, they ALLOW it.

No, I do not live in an egg shell. The GLOBAL economy is is in turmoil. But, face some facts. China must again, and SOON, begin it's rebuilding, and continue to. Not just China, but India, Russia, Brazil,,,, and YES, the United States. Stagnant countries wither and DIE. It is an EAT or be EATEN world.

Should I applaude the carnivores? Maybe I should. In the mean time, I need to go lose some cookies, because my stomach for this carnage,,, well,, is just not up to it.

If there is no DIGNITY in this market, should I, ,,, or you be part of it?

Maybe it is not a matter of can you make money there any more.

Some things,,,,,,,,,,,,,,, Money will NOT buy,,,,,,,,,,,, no matter how much of it you throw that way.

And, I bet a lot of you agree with me.

Comments: View Comments |  Tuesday September 16, 2008