The stock market reflects the schizophrenia of the institutions that buy and sell. Stock exchanges at one time served a vital economic purpose, but nowadays they’re just a legal form of high stakes gambling.  Like all petulant children the exchanges need limits and parenting.  But the prevailing attitude is to leave the brats to their own devices and everything will work out just fine in the laissez faire utopia of unfettered gi’me gi’me gi’me capitalism.  The majority of the financial sector of this country lacks a moral compass.

Wanna see the D-J index tank?

Suppose we renounced our Empire? Called back our armies from Iraq, Afghanistan, and the rest of the world? Threw hundreds of thousands of suddenly-ex soldiers out on the streets to join the rest of the jobless and homeless?

Shut down the ‘Defense’ industry that makes all the explosives and the toys to deliver them that we explode around the world each day? And put all those ‘Defense’ workers out on the streets, too?

Those are the ‘reasons’ we need to keep the wars going.

To keep the D-J from going into minus numbers. And our current crop of corrupt politicians from getting their just deserts from angry hordes of PO’d citizens.

This morning on CNN theY announced that the post office wants to lay off 120,000
people. But in order to do it they have to get rid of postal workers collective bargaining
rights…..

Did Obama just appoint Scott Walker to head up the post office or something…?

In the middle of the worst depression since the last one, they want to lay off 120,000…?

With those huge ups and downs, it’s obvious Dow Jones is in the throes of PMS. Try feeding it some Midol, it’ll be OK in a couple of days.

Or not. Maybe it’ll need one of those ‘Stop The Flow’ procedures.

Ever wonder how it will react when Wall Street starts burning? Or Anonymous shuts down it’s servers?

What, G,E. Not moving that x ray plant to China, Ford not building that plant in China
either?

It’s over….don’t kid yourself, the government just spent 3 trillion dollars and this is all we
get…?

The Economy will never improve until the crooks who did this are in jail. But that’s never
going to happen, as long as the crooks who dis this are still in charge.

They will take care of their own all right, but they don’t care what happens to their cattle,
labor is cheap, and they can always import or outsource more.

They have plenty of lies and bullshit to get through the next election cycle, and besides
talk is cheap.

What were the favorable jobs reports?  That claims for unemployment have gone
down?  Does that mean that the unemployed have become employed because
fewer people are getting unemployment benefits?  Or could it mean that a number
of people no longer qualify for unemployment benefits? 

What those numbers would suggest is that businesses aren’t laying off people to
the degree they once were.