I think our economy has been attacked, the dreaded money bomb.
It didn’t kill as many people as 9-11, but it has affected more. The money lost in the stock market is gone, and it is your money.
The war we have been fighting has come home. Our brave soldiers have kept the bullets away; they cannot keep away the dreaded money bomb.
The pundits say the market will rebound, but they don’t say it will come back with the money you lost.
It will come back with new investors like you. The money lost is gone. Now that gasoline has gone down, when you fill your car, will you get the over $4 a gallon price from last week back? Of course not!
I think there are several reasons for the money bombs effectiveness.
The fact the Obamanation might win the white house is causing the smart money to sell out before he takes it away.
The stock market is very political. The big money people use money to influence elections. They know when money will not sway the election.
The best thing for them is to take the money to a secure hiding place till the election is over. This election is too uncertain. Big John is a known person, the Obamanation is not!
The stock market will hit bottom, and rebound when you, little bird, go to the shoe store and see a $200 r pair of shoes for $20, and take that wrinkled twenty from your purse and buy a thing you don’t really have to have.
That is the kind of thing salesmen live for!! That is the kind of thing that will defuse the money bomb.
I am so old I remember Will Rogers, and can mis-quote him with the best. He said Americans were the only people in the world who drove themselves to the poor house in a new car!! It certainly looks like what we have done.
I don’t think this election is over till the votes are counted. Elections don’t always follow the poles. Bless their hearts, Americans either change their minds in the voting booth, or just love to mess up pollsters who call at supper time.
Whether you like it or not, we live in a capitalistic country, a democracy, and cannot imagine to a communist or socialist type of government.
The Obamanation wants to take us to that type of welfare government.
These old eyes have seen a lot in three quarters of a century, I just hope we don’t ruin this good country and wonderful life God has given us.
For another little while these eyes have looked on this world with JON’S VU!!