Tuesday, September 30, 2008

The Market

The Economic Melt down of yesterday has not tanked the market, the London FTSE closed 83.68 up and at the Dow Jones at 6.27pm UK time is 352.60 up as reported by the BBC. Those that still want the bail out are not looking at this in a rational way. The Market will recover over time, a seven hundred billion dollar bail out will keep Wall Street happy but Main Street will have to pay the Bill. Call your Representatives in Congress, flood their offices with phone calls, text, email, make them see that this bail out is not needed. The System will correct itself, if the Democrats want to fund Wall Street let them. I call on the Republicans to oppose this daft Bill, I think Gipper would support you in this action. Let the voters see that there is a difference between Democrats and Republicans. On those in the Market should start to buy shares, this is the time to get cheap but good companies for the long term.

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