I Eat Bear

Ok, I am ALMOST done with the Court Jesters. If you still believe in them, no matter what else I say, will not sway you.

This one deals with both banks (financial institutions collectively) and yes, more on the court jesters, as they seem to affect everything.

Well, we have covered much already. Banks caused a good portion of this problem by making bad loans to those so very unqualifired. THEY KNEW, high defaults would result. And, to make profits in the SHORT-TERM, they did it.

The problem, and they know it, is there is a LONG-TERM.

But, even that I can understand. As can I understand the next one. But, knowing something is wrong, does not make it right.

And, the next one they want you to swallow is that we need to bail out these banks. Oh, so the ECONOMY can be healthy again. If you want the economy to be healthy, get rid of those that cause the problem, or resolve the problem that caused them to fail. We, and the court jesters, have still done nothing about this, and it will re-occur. Unless we put a stop to it.

And, we still can. Bouycott banks, and impeach EVERYONE in the government.

Ok, wait, this is an INVESTMENT column, and financials are rising at a phoenomenal rate.
Well I guess there are two issues to investments. At least in MY mind. Maybe never before, but definitely now.

Maybe I care a little less about green (ecologically friendly), and you can guess how I feel about politically correct (hahahaha, that would imply not only sense, but morality, and we have neither), but how about the MILLIONS of people, that got ROBBED by all of this?

And to make things worse, as if they were not already, the government wants to continue to "bail out it's favorite son's",,,, the banks. The Fed, the Treasury, and every court jester in the land, is doing nothing but LIE TO YOU, while robbing you and your kids of EVERYTHING, for years to come.

Yes, they truly WANT to make a socialistic governemt, despite EVERY evidence they DO NOT WORK.

Now, it is SO VERY EASY, to see why not to support our court jesters, and to want to IMPEACH every one, even as we approach a recovery. We likley would recover BETTER without them.

But, as for supporting banks (collectively, all financial insititutions), my conscience cannot allow me to support the robbing of millions of people of multi-trillions of dollars.

They got FAT when times were good, and UNCLE FUNNY wants to bail them out?

My conscience kicks in, no matter HOW much the market goes up from here.

Am I glad for the market recovery? You bet. Did you feel that one, or the big THUD down?

And most sad of all, is NOT ONE thing has been fixed.

NOT ONE.

Ok, I am not sure I believe in the bear market, but I do believe in it's effect. I believe UNCLE FUNNY has screwed us all again. Ok, they had help. Pick a bank, and insurer, a rating agency, and maybe most importantly,,,, let's not forget the MEDIA (the greatest accomplice of all).

Then again, you may feel very differently from me. If you believe in REWARDING incompetence, you are in seventh heaven, as it absolutely abounds.

Now, would DRASTIC solutions be a good fix now? Probably not. So, let's give it a WEEK.

This week, do not invest in a bank. We can have a bank run NEXT week. Of course, this does assume you have a conscience.

Yes, there is a financial cost to having a conscience. We are in this mess, because OTHER people had NONE.

As fo Obama, he did inherit a bad problem. I care neither one way or another for the man. He is DEFINITELY perpetuating a problem, and throwing HUGE amounts of money (OBVIOUISLY being WASTED), is about the appitomity of STUPIDITY. And, to cry outrage, when it is abused, is a joke.

Who is laughing?

Not me.

Yes, IMPEACH,,, now. By the way, the problem is really due to legislation from PREVIOUS Democrats,,,, and we just elected another one? Some of you did maybe. And some of you believe in this one.

Folks, this is the truth. It does not matter who is in office when it recovers. Likely, the recovery, was something they inherited, and no matter what they did, it would have happened. The jury is still out about who is in office on a failure of the economy.

But, I revisit my original thought for ONE last time.

NOT ONE THING is fixed. And TRILLIONS, has been thrown at a problem.

If you feel good about anything here, well, please INVEST. And if you are that same one, I suggest in investing in banks. They will either make it for you, or steal you blind, while you watch. Either way, you will not mind.

Very quickly, and last is the "mythical Bear".

The effects are truly BEAR, and NOBODY will deny that. But, did the government, the media, and banks, create the ILLUSION, that we have a CRISIS?

The government would not recognise a problem if it hit them squarely in the head! Banks, are now, and ALWAYS WERE, crooked as a dog's hind leg. and the MEDIA, is the world's greatrest IDIOT. Yes, that one, even surpasses the government (but it is close).

Too few details, too short of space. Three is enough.

Don't believe ANYTHING, until you see SOMETHING fixed. Not a band-aide put on healthy skin.
I promise, it will happen again. AND, next time, it will be WORSE. Ask, any parent.

Rewarding bad behavior, very rarely produces desirable results.

So, if I were you, I would invest in the market. I do believe in the FREE MARKET. It does have some sense, albeit, a sick, and distorted one. To invest in DEFUNCT companies, is, and always was, foolish. And, to name two of those, is the governemnt, and banks (financial institutions collectively).

Today the dollar is rising. So is gold. I will take my chances on gold. I know about the other two.
I would invest in shoe-strings before I invested in the other two (government or banks).

If you are like so very many of us, you see not only the income you have worked your life for to dwindle away by crooks, but the FUTURE, of not only you, but your kids, and grandkids. Well,, it truly is time, for some outrage.

OUTRAGE,,, to a POINT,,, of IMPEACH, EVERY CONGRESS PERSON, and BOUYCOTT, banks, in EVERY form (stocks, and deposits).

Yes, please, stick it in your matress. You will sleep better.

And, as much as I hate to admit it, I know I am right. And, sadly enough folks,, I am a BULL in the market.

Maybe that is my problem? I do PLAY with DIGNITY. The short players, well, that is another subject. So is hedge funds. We have SO VERY MUCH, we COULD fix, and CHOOSE not to.

I wish you all MUCH luck. My crystal ball tells me, not a darned thing will change. We will REPEAT, and it will get WORSE.

Who is to blame?

You!

You voted for it.

And, have REFUSED to do ANYTHING,, about it.

Comments: View Comments |  Wednesday March 18, 2009