Every action has a re-action….
It could be considered folly thinking re-actions to the Dow dropping 1,000 points on Thursday is simply discovering why and how it happened.
Of course finding out what happened, honestly finding out what happened, is well and good but will do little to alleviate the various sets of anxieties the tragedy has put into play.
People with already diminished 401K’s, school managers with endowments and pension fund overseers have to be (forgive me) literally shitting in their pants! And I am led to believe the only comfort afforded them is waiting to find out what and why it happened before doing something??
It has been my experiences life does not work that way; at least not for people who know what they are doing.
Finally, and in regards to re-actions of the Wall Street Barons themselves, I suspect we have only to look at the sudden strengthening of stock markets in a few other countries to find those answers.
I may be whistling to the wind but one thing I know for sure is the wisdom of the old saying, “A fool and his money are soon parted” which dovetails into its equally wise companion, “You can fool some of the people some of the time…..” and there is the one about "Hand writing on the wall..” but of course, the TeaBaggers and Sarah Palin will tell us all about what's going on. Just wait! Just watch! Keep waiting and watching! You’ll see. (Smile)
As always,
BB
Of course finding out what happened, honestly finding out what happened, is well and good but will do little to alleviate the various sets of anxieties the tragedy has put into play.
People with already diminished 401K’s, school managers with endowments and pension fund overseers have to be (forgive me) literally shitting in their pants! And I am led to believe the only comfort afforded them is waiting to find out what and why it happened before doing something??
It has been my experiences life does not work that way; at least not for people who know what they are doing.
Finally, and in regards to re-actions of the Wall Street Barons themselves, I suspect we have only to look at the sudden strengthening of stock markets in a few other countries to find those answers.
I may be whistling to the wind but one thing I know for sure is the wisdom of the old saying, “A fool and his money are soon parted” which dovetails into its equally wise companion, “You can fool some of the people some of the time…..” and there is the one about "Hand writing on the wall..” but of course, the TeaBaggers and Sarah Palin will tell us all about what's going on. Just wait! Just watch! Keep waiting and watching! You’ll see. (Smile)
As always,
BB
posted by BB at 11:50 AM
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