Thursday, November 13, 2008

The Stock Market

So if you read a newspaper, or have stumbled across cnn.com accidentally in the last six months, you know our economy is going to shit. Fear not though, the rich will get richer. WE CAN NOT HAVE multimillionaires living NORMAL lives... so we bail them out. 5 trillion dollars could overhaul the entire US national infrastructure. 5 trillion dollars could give everyone willing to put forth the effort a Harvard education. 5 trillion dollars could buy an entire middle east country, solving our oil problems (only half-joking). 5 trillion dollars spent correctly is enough to drag ANY economy out of a rut. 5 trillion dollars left to the flawed theories of trickle down economics, well that's just business as usual. I am so disgusted with the corruption that plagues our Treasury/Federal Reserve/Financial Sector right now. Everyone is trying to salvage their fuckups. What is the point of a free market if you don't let it fall? It HAS to fall. It is inevitable. When companies fail, they dont just disappear overnight. They are held accountable for their poor decisions. What the US has done has allowed banks to go all-in on a low pocket pair, and then given them more money so they can win back their losses. It might work once in a while on TV, but in reality, your best bet is to leave the table and go back to real work.

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