Tuesday, December 22, 2009

And the drummer beats on

As the wall street elite schuss down the slopes of Vail and Aspen thanks to massive taxpayer subsidized bonuses stocks keep their upside swagger in what I can truly call mind numbing trade.
Its ever so interesting to me how the "range" for the day is always about 3 points higher than yesterdays close to keep the bullish feel going. When Obama said a year ago "i think its a good time to buy stocks" he sure was not kidding. Everyday since then has been a good day to buy stocks. Im so sick of being forced by the federal reserve with their zero interest rate policy to take risk. If I had a 100 grand (I only wish) in a money market Im gonna earn $148 this year on it - WTF??
Its just wrong - all this so the aholes at GS and JPM and CITI and BAC who choked on all of these ridiculous mortgages can maintain their lifestyles - how bout a little fucking justice??

So stupid

JB

No comments:

Post a Comment