Monday, August 8, 2011

Cash and burn

Wow, the market's taken a bath for, what, 10 days in a row? I have always been fortunate in my timing on stocks, although it is mostly luck. I imagine plenty of people are taking baths on this. How curious to see the US at the level of New Zealand and Belgium by S&P.

I think the political denial and dipshittery has only just begun. They say $950 billion in revenues must be raised, and that comes from axing the Bush tax cuts. And that is something the GOPeons won't do, or at least the ever-rational Tea Baggers won't. Ha!

The country needs demand-side stimulus, but the reactionary faction will fight that. Because they are douches intent on destabilizing the country for political ends.

Wanks.

It is raining yet again.