Quote For The Week
Dumbfounded. That’s the best way to describe how I felt after my research Friday morning. A number of the financial news sites were running articles that proclaimed a bottom to stocks, the housing bust, the credit crunch, etcetera. Jeez, you’d think the United States was in a new “golden era” from what some of these guys were saying.
When I couldn’t take the propaganda any more, I adjourned for lunch and tuned into CNBC. And what did I see? A commercial with Larry Kudlow, CEO of Kudlow & Co., LLC, an economic and investment research firm, and host of CNBC’s “Kudlow & Company.” His message to CNBC viewers?:
America’s got to hold onto its goldilocks economy.
So “goldilocks” is back? Go on, America, keep on telling yourself the economy is doing just great…
May 5th, 2008 at 7:04 pm
Almost the only people that stupid are administration hacks, and those who believe administration hacks.
May 6th, 2008 at 11:00 am
Thanks for the comment Scorpio. Unfortunately, gullibility is still widespread.
Remember folks. When it comes to money, everyone’s got an angle. “Where you stand depends on where you sit.”
Always do your own research and form your own conclusions.