I Eat Bear

First on my list, is the media. Are they the forebearer or the palebearer? Granted, the news of late, has not been that great, nor the quality of it therein. To listen to the news media, they say this year's stock market recovery is the greatest thing since sliced bread. Yet, they almost refuse to admit, the market is down, in most cases more than the indexes show, not to mention the fact that last year, was devasting for stocks.

My answer on the media, is they are just there for paid hype. They have a job, and that is about the only POSITIVE I see there. They do that fairly poorly, too. But, before I sound too negative, some of the media stocks have been rebounding, of late. Still, a sector I would avoid like a plague.

So, do not listen to the news. Make your own opinions.

If I turn on the boob tube, even some of the educational channels would have you believe, the world will quite possibly come to a near end,, on DEC 21, 2012. How many times, have we heard predictions, that the world will end,, and not had it come true. Most recently, for the year 2000. And that was not even a small blip on the radar. Yet, we have people who BELIEVE, that NOSTRODAMUS, who lived centuries ago, is "the God of the future". Maybe,, but I am more
inclined to believe in geological history, than some soothsayer, from several centuries ago.

So, if you want something to worry about, I am going to give you quite a list. And, if you believe there will be life hereafter, I may give some proof of that too.

Things to WORRY about. Tops on my list, is a planetary collision, or a SEVERE volcanic eruption. Neither of those is likely, and both are possible. My guess is if either does happen, how much money you have, or don't will not matter one iota. Bend over, and kiss your cookies good-bye. But, let's assume for a minute, it is not THAT bad. My next list of worries is FUNDS, and the GOVERNMENT. Those are the most DANGEROUS things to your finacial health. Not, the stock market. Ok, I call a SPADE, a spade, (in a deck of cards). The government, is your WORST enemy, if you live in the US. Only a COMPLETE IDIOT, would bailout HUGE companies for making BLUNDERS, beyond belief. I can think of health care reforms, and economic stimulus packages, that would have TRUE benefit, that would not have SOAKED the taxpayer, the way OBAMA plans to. PEOPLE, get this STRAIGHT. OBAMA, is SOCIALIST.
Socialism DOES NOT WORK. That said, I will quickly move to the OTHER worry, which is FUNDS. Much like the government, they don't work. Big enough to solve a problem, but far more likely to cause one. It does not take a genius to see the fraud related to this. Pick a Ponzi, Maddoff, or others. But, that is the LEAST of the problem. Fees, mis-management, and greed, will rob you faster than most want to admit.

So, how do you get ANY sleep at night? Well, you need some faith in the future. And let me REMIND you of some other facts. Just a little over a year ago, the DOW, was over 14000. It is barely over half that now. Think it might get back there in time? Dollars to donuts it will. Ok, to hear the MEDIA, it will take a long time. And, based on the number of CROOKS, it may take longer. And, based on the INCOMPETENCE, of the government, you can bet, it will be a slow recovery. But, recovery, is in the cards, despite all of this.

To have a market recovery, you need to do a few simple things. ONE, is stop ALL short selling.
If you own stocks, and don't want them, sell them. NOBODY will stop that. TWO, abolish FUNDS. This WILL hurt, and I promise that. Too many refuse to accept responsibilty for their future, and this was a plan (LOOPHOLE) to help them. It only created a nightmare, to make the rich richer, and to RAPE, the rest of stockholders, not to mention open the door for GIGANTIC FRAUD.

Historically, INDIVIDUAL stockholders do a GREAT job, of determining market value. We do not NEED, a ton of Wall Street analyst.

Ok, we could maybe do with A LOT more unemployed. Start with the MEDIA, and get the GOVERNMENT in the act as soon as possible. Swing and SLASH the ax, and let heads ROLL.
And, pick your favorite market ANALYST, and include them in the list

Now, before I go on, I will add one more thing, and it too, is a positive. No matter how BLUNDERING, Obama and his ideas are (and they are REALLY out there), he has done ONE THING, I have not seen done, in MANY, MANY moons. He has actually put CONGRESS to work. Something they have not done in years. Does that restore my faith, in Uncle Funny (formerly Uncle Sam), or Congress (the court jesters). Not in the least. I COUNT on them. To make a MESS of anything they touch. But, it is good to see them work, no matter how POORLY, they do the job.

But, I do believe in TIME, and COMPANIES, and PROFIT. All indications say this is NEAR a bottom, if not an actual bottom.

A few indications say there will be life ten years from now. If there is a future, this might be a GOOD time to plan for it. If there is NOT to be a future, will it matter anyway?

And, there is this too. You can't fight the government,, and win. Right now, the government,, favors banks. Yes, you might make a TON of short term money there. I still bet against them both.

In short,, I believe in PEOPLE. I believe we have more good ones, than bad ones. I believe bad, will be VERY BAD. We could stop a lot of that. Unfortunately, we might need the GOVERNMENT to help with that. From there, God help us ALL!

I think, there will be a tomarrow, and a next day, and a next year, and years to come. I may not see all of that, but I BELIEVE in it. And, if you do, and you do not INVEST, for the future, Then ,, the FUTURE,, should happen to YOU.

Comments: View Comments |  Friday June 26, 2009