What's wrong with the market?

[Marvin Bellamy]

I completely disagree with you here.  A lot of investors got themselves 
into trouble by throwing good money at bad tech ideas.  With all that 
cash on hand, a lot of worthless companies bloated which flooded the 
market with way too many techies like us.  The stock market is a weak 
indicator of the strength of our economy and so it follows that pumping 
up companies with your money just to get the Dow over 11000 is just as 
pointless.  This is the biggest myth about macroeconomics.  Listen to 
the anecdotal evidence around you.  Jobs have disappeared with no hint 
of a recovery coming, and you're telling people with reduced incomes to 
spend, spend, spend?  The economy will get better when people start 
making solid investments, not by propping up limping mega corporations 
with your safety net.  Save your dollars people, but if you have the 
money and job security buy that house or new car at a much reduced 
interest rate.  

While I agree that the real threat against the average citizen is 
astronomically low, I don't at the same time think anyone should be 
racking up even *more* credit card debt.  That was one of the dumbest 
things our politicians could have told us.  Hey, maybe they want to 
share some of their million-dollar estates for that little jaunt to 
Tahiti I've been putting off?  Puh-leeze.

Matt Luettgen wrote:

>>Thing is, there are NO jobs in KC. 
>>
>>Period.
>>
>
>#include commonsense.h
>#include a_little_inteligence.h
>
>begin rant
>
>I second the notion and here by declare KC the
>unemployment capital of the KS/MO area...oh wait its
>not just KC its everywhere, do you people not pay
>attention to the stock market?  Times are tough and
>hiring practices show it.  Its not just here, but
>everywhere in the US.   If you want a job, go buy
>something...tell your neighbors to go buy something. 
>I'm not talking a $0.99 package of hot dogs I'm
>talking stocks.  The only way to get the stock market
>back on its feet is to show confidence in it, but the
>majority of people are to stupid to realize that life
>will continue...it's not going to change that much, if
>anything it should get better as bush is going to put
>$36 billion into the economy with his new homeland
>security laughing stock...I mean homeland security
>cabinet.  Oh wait people are still scared.  The
>american public, in general, is stupid.  They follow
>the main stream press and believe every word of it. 
>They pay their taxes, they go to work, and they stick
>to their same schedules.  Outside of a few days after
>the attacks everything is back to normal, accept the
>same depressing stories that are aired 24/7 by those
>damn news companies that or so freakin worried about
>ratings that they don't even realize that they are for
>the most part behind the economic down turn.  
>
>End rant
>
>p.s. sorry brian I know your going to get this twice,
>my mistake
>
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