Wednesday, November 12, 2008

We can do it

Let's have a moratorium on financial news for 1 month. No news, no Dow Jones no S&P no comments on how 401ks are doing absolutely nothing then see what happens. People look out the window see people working, shopping doing things they feel more secure they go spend some money, not the wanton waste of money that brought us here but sensible without going into deep debt or debt at all. All of a sudden people have to be hired because people are buying That's pretty much how it works. What we've had to put up with was a media frenzy that built everything into such a hysteria just to sell their shows it became a self fulfilling prophecy. All they sell is bad news to sensationalize their shows for ratings, and people panic OMG my 401K is in ruins cries a 30 something wake up you've got 30 + years for it to come back stop and think before you panic People who have just retired or are getting ready to have an issue but they can still survive. Panic will destroy you stop and think hard and long and I'd really think hard before I listened to any of the experts didn't their advice and way of doing things cause this?Can anyone explain to me why people get paid to gamble with other peoples money? My business teacher told us that stocks were nothing more then a gamble and back then when Vegas was the only gambling mecca in the US he said "The business of gambling takes a dim view of the business known as gambling", I think the reason for that is when you engage in the business of gambling you risk your own money you don't have to pay anyone to play let alone pay them to lose it for you, or pay anyone when you win. Slow down stop and think. If we can start buying again in small ways we will generate new jobs or help keep old ones. It's going to take Americans not the government to get us out of this. Good old Yankee ingenuity and down home Southern Pride that made this country great can do it again and if the problems in DC get in our way vote them out of office. Time to take back America.

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