Tough day.
The DOW dropped over 200 points and the economic news remains harsh.
Although we are in the midst of a deep long recession we need to remember that bad news sells. So watch the headlines, but stay objective and reasonable. There are always tiny bright spots.
We are done with Bush. The distressing news seems to come from the articles floating around that point out how Bush ignored all of the warnings from American intelligence that there was very bad stuff going on all over the place with mortgages. We see where that gross negligence has led us. This was Bush.
At some point, we will emerge from the Bush horror. We all have some Bush PTSD, seriously. We are still mentally dragged down by that nightmare. But take heart, he's gone.
Reuters: Nikkei slides 3.4 pct on econ worry, Toshiba sinks
1 comment:
BV$H surrounded himself with yes men and women who worshipped authority. He was in many respects no different then many of the people that took over our finanical system. these were play to win types who only wante to hear whats good for them and anyone that that doesn't go along with the party line gets bounced. That's over hopefully. Obama seems to have his head on straight in this regard. A return to realism is a good thing.
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