Friday, January 22, 2010
I'm Back...and boy was I right.(again)
Following the banking/bailout debacle (Obama no help), the stock market roared right back. ONLY NOW, in mid-January 2010, are investors realizing what TWO YEARS OF DOUBLE-DIGIT UNEMPLOYMENT will mean; everyone has been so busy applauding how we survived that they ignore all the suddenly-jobless-and-poor people piling up. Congress "secretly" elongated unemployment compensation so that affected workers DON'T SHOW UP in regular unemployment numbers. I think we are on the momentary lift of a crashing airplane, just before it hits ground. Trying to better my nest, but my past overspending and inelastic income are destroying my IRA and quadrupling my taxes!
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