Comments on: This is One Funny Looking Bull

By: TBHOGFA

TBHOGFA — Sun, 04 Oct 2009 00:03:33 +0000

We, as citizens of a great nation, must realize that we can no longer allow the leaders of our form of government to do anything, I repeat, anything, that is not in OUR best interest.
Our LEADERS will first do whatever is in their best interest. We tax PAYERS will have to support their re-election first, and our best interest, is far down the list of things for them to do!
It is time to start taking our leaders to task.
“Either do what is right for this great country and it’s citizen’s well being, or look for other employment”!
We, as the vast, VOTING majority of Americans, should be controlling what the minority of elected representatives do.
If we don’t, or won’t, there is no reason to have our form of government!
We might as well elect a King, or some other form of SUPREME leader, for life!
THAT IS NOT WHAT OUR ANCESTORS ENVISIONED, and it should not be what we envision, or what we ALLOW!

By: gerold

gerold — Sat, 03 Oct 2009 17:16:59 +0000

Many belive it was WWII that pulled us out of the depression. Not so. WWII was a time of rationing and production going in to war material rather than consumer goods. It was this “forced savings” that pulled us out of the depression beginning in 1947, a couple of years after the war

By: sierra

sierra — Fri, 02 Oct 2009 15:52:32 +0000

“How did we ever survive and rebound from the Great Depression” (Mike)
Well, we didn’t! WW2 pulled “the world” out of the Great Depression. Who knows what would have happened if WW2 had not happened…..????
As far as Mao’s revolution…read the history of China and know that the revolution was inevitable and that in the long run it has been good for the Chinese.
(Post revolution “good” doesn’t come sometimes for generations)
This market has been good for professional traders not the common folk….Oct 1, 200 point Dow drop proves that the market is poised for a slide…..Unemployment increased again…..
BB is correct (as so many other commentators) about the consumer; there is hardly any consumer participation; how can there be when so many are loosing their jobs and are so far in debt????
Bernanke now has to face his dilemma: How to “sop” up the huge overhand of money injected into the markets and not raise interest rates….And, when he does, it’s “Bye-Bye Baby”!!!!!

By: doug

doug — Fri, 02 Oct 2009 14:53:23 +0000

The market is down 200 and where is our perma bull Harry. Don’t worry Harry the market may bounce and you can come back spouting your short sighted nonsense once again.

By: Mike

Mike — Fri, 02 Oct 2009 13:31:31 +0000

How did we ever survive and rebound from the Great Depression?

By: Dato

Dato — Fri, 02 Oct 2009 07:14:47 +0000

Without chairman Mao, china would have been a colony already. We Chinese love him as much as you guys hate him. Go to ask Chinese people, make a poll, see if he is more loved than your current star president. What creates the current mess in US? China. A country that is so different from the economic or political paradigm that you guys have gotten used to, become so sucessful despite all curses. Then, suddently, people start to realize that American way is not always right, and then suddenly they find out with great surprise: the emperor is actually naked!

By: Fred Gibson

Fred Gibson — Fri, 02 Oct 2009 04:40:13 +0000

There is no such thing as welfare chiselers and food sstanp cheats. There are, of course, poor people. Capitalism guarantees that there will be those who cannot provide for themselves during lean times. Even Adam Smith acknowledges this and insists that such people must be given a helping hand during lean times so they will be available to work during the good times. To simplify the idea, you have to feed your horse during the winter so he will be able to pull the ploy next summer. There is no point in being so mean spirited. Anyone could be in the soup line by next year.

By: Bloomer

Bloomer — Fri, 02 Oct 2009 04:03:36 +0000

Rough day on Wall Street and Toronto today. The Asia indexes are down big time as well. A minor correction or the beginning of the Bear? Once the Hedge Funds smell blood, we could very well re-visit last years lows. With earnings season just around the bend, we shall see what will happen when the rubber hits the road. Gentlemen start your engines, we are in for a wild ride.

By: JMR bayou bobby

JMR bayou bobby — Fri, 02 Oct 2009 02:35:43 +0000

we need an edit button

to should be too

As a wordsmith and grammar snob, I detest making mistakes I rile about otherwise.

By: Rob

Rob — Fri, 02 Oct 2009 02:16:49 +0000

I’m one of those who has watched much of this “rally” from the sidelines. I’m 30 years old and now, as of July 2, 2009 my money is currently all in a money market fund. I’ve been investing since I was 16. I’m just glad, with the help of the Daily Reckoning, that at 30 years old I was able to figure out that the stock market was not going to be my sweet road to retirement like so many people tried to tell me.