Wall Street

They are saying it's due to employment numbers, but I am wondering if the stock market is sinking like the Titanic at its last hour because it doesn't like Huckabee and/or Obama.

Comments

[DRaftervoi]

Gail, you've got to keep up on the IMPORTANT news, the sort of news that really makes the market go into a tailspin: Britney was HOSPITALIZED last night.

[alisa]

I don't like either one of them either.

The more important news Dave---she is already out. Go figure.

[DRaftervoi]

What's scary is that my mother - a woman who hasn't listened to a pop music record since the 1940's - is completely aware of Ms. Spears (against her will, mind you...). If you're enough of a public train wreck that my mom has become aware of you, you're messing up, big time. Anyone who can make a worthless roué like "K-Fed" look like the responsible parent has achieved a level of personal collapse that's noteworthy. She's a cautionary tale for our children...

[Gail]

I've been hearing rumors that she's bipolar and her behavior seems to fit the pattern. It's extremely sad to witness her endangering her children and ruining herself. I can't help relating just a bit having seen similar things up close and personal - - thank God though, never that bad.

My heart goes out to Spears and her family. I hope she gets the help she so desperately needs soon. She is unquestionably a danger to herself and her children and it just goes to show what a mess our mental health system is in that they let her go. Many are not receiving the care they need, sometimes leading to tragic results which could have been avoided.

[DON]

We are in a Keynesian economy. Monetarists, liberal, or, whatever description pleases you. There is no value to our currency unless people believe that there is value. It is not tied to any value standard other than what our government says is of value.

Real estate going up? Under a monetarist economy, I don't think so. The government has decreased the value of the currency by making it "cheap". They lower the cost of the currency by lowering the interest rate. The real property did not go up. The value of the currency went down.

Didn't the Romans do the same with their currency? Except that it was tied to gold. So they poked holes in the coind so that more gold was available to make currency. And the Empire collapsed.