Okay, so the Dow is finishing up 485 points after being down 777 yesterday, and the government still hasn’t done anything?
Oh, wait. The government hasn’t done anything about this pending crisis for the five years that it’s been pending since Wall Street began putting bows on shit. I’m finding myself in the camp of those who think we should just sit on our hands a little longer and watch the market take care of itself. After all, if a government bailout is so good for the public, then why aren’t major investors lining up to invest as well? Maybe it’s because they’re so close the smell is getting to them. Maybe it’s because they know better.
I understand there is a long line at the Lowe’s near Wall Street for hemp rope. And that Darien, Ct (median income: $168K) is really going to suffer from the fallout.