lunes, marzo 17, 2008

Check Rebates, Hillary’s Nastiness and the Stock Market

Check Rebates, Bare Bones Help
Soon, you will be receiving some rebate from our generous government. From $300 and up. To some people it may seem like a bonanza, for most however this money will barely cover the increase in prices at the pump and the supermarket.
The economy in general sucks and this bone-throwing exercise won’t change anything for regular folks. Just the cost of living, not counting with other problems people are facing today, will make this checks disappear in a jiffy. Stores are gearing up with campaigns designed to attract customers in the hope that their depleted sales will rebound during the spring. Perhaps. But that is just a temporary fix. What happens after all the checks have been spent? Consumers will go back to a lousy economy anyway.

Hillary’s campaign is trying hard to discredit Obama and will use any means to accomplish that. While nothing new in politics, they are intent in confusing the voters with sideline anecdotes.
What really matters is which candidate is more apt to conduct the business of the nation and not who he met in the past or what one supporter or another may believe.
We all have friends with whom we disagree. Some may even have in their circle people with extreme views. So what? This is a free country, or so we say, and everyone is allowed to express his or her opinions. Are we then to be judged by the views of our friends instead of our own? I don’t think so!

Oh the Stock Market!
I feel (not really) for all those speculators who move our money in Wall Street. They make bets on this and that and, like in any other form of betting, sometimes they have to loose. Remember when the Dow hit 15000? It was not long ago and stayed there briefly, but the vultures where excited.
Now, around 11000 and falling, everyone is grabbing their math heads and running around in circles.
The reality for us, the common folks is that no matter how Wall Street performs, we are getting screwed one way or the other. Unless you have some money invested - and I don’t know too many working stiffs in that situation - the ups and downs of the market means very little. What really matters is the fact that we lost thousands and thousands of jobs and the former middle class is being moved to a lower income level by the shenanigans of corporations and investors. What really matters is that we are spending overseas tons of money that could be used to revamp our economy. What really matters in fact is that our money has disappeared from our daily income and our future is bleak.

See you next time.