Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

Monday, December 01, 2008

Recession anyone?

Today it was announced that we are officially in a recession and have been for a year...so what happened? the stock market tanked!

I felt like DUH!

Why is this news to any thinking person? We all know we are in recession...

Are we so stuck on an idea that we can't trust our own brains and need to hear stuff from others before we believe it?

And why is our country ruled by the stock market? It's been an obsession of late...

Wall Street is an artifact: it can be manipulated - it's ruled by emotions and power and has little to do with real lives!

And stocks going up and down doesn't create needed jobs or raise salaries...stocks don't hire !