Have you ever drank any Old Fitzgerald? It is hard as heck to find.

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No it isn’t. Just look on the bottom shelf.

I am just an average American that loves to read everything from history, physics to now the world of finances. From that perspective, I think one word can sum up current state of economy: “Deception”.

I gave up on trying to make sense of the markets activity for last few months. How can stocks soar when the economy is literally on life support? Isn’t it obvious to any casual observers that with unemployment at 8.9%, shrinking GDP, housing still long way from bottom, deficit at all time high, most if not all major banks literally insolvent and others(too numerous to mention)? Is the stock market really manipulated and based on any reality?

This reminds of the great propaganda effort by our government during the Vietnam war. Gov was determined to win the war here with every propaganda imaginable. Is Obama administration on the same path?

Amazing stuff….

It may not require a college degree to stamp parts out of whatever, but to think you can rule the world without being able to manufacture and provide all the parts you need, not just in time, but on hand and in place, is just plain stupid.

The sad fact is that a lot of people in the business world are supposed to have higher degrees, and they can sit, surrounded by piles of their rusting wrecked civilization, and actually say things like you don’t need a college degree to do blah blah. Go back to school! Yes you! Preferably in a third world country because that’s the skills you’re going to need now.

That is what happens when you are more interested in teaching your child baseball, then stuff like math, science and engineering…

Go short on business degrees.

“We’re going to have a sudden jamming on the brakes of investors’ enthusiasm for early-cycle stocks when they realize they made a big mistake,” he said in a telephone interview last week. “If you’re not properly positioned in your portfolio, you may find that you go through the windshield.”

http://www.bloomberg.com/apps/news?pid=20601087&sid=aVxRKebyGa5o

Love the metaphor. Starting to see more of this kind of sentiment out there. Interesting. The market no longer has something “to shoot for” in the bank stress test release date. Interesting how that dynamic works. Kind of floating without an impetus for further rise it seems to me. Very little upside from here it seems. Why hold shares when even the bullish estimates (e.g. Abby Cohen, GS) are for only 10-15% up from here at year end? And you know that the market’s not likely to just go sideways in economic conditions like we have. Too much uncertainty.

I feel a let down coming.

unfortunate…. uh, er, ya. It’s unfortunate alright. Holy cow.

He has no interest in representing “both sides of the aisle”.

(Not that Bush did either).

Damn, would you give the man a break? He’s been Prez for under 4 months, with 2 wars going on, a tanking economy, and Republicans sniping at him from the “other side of the aisle,” by voting 100% in lock step against anything he puts forth. He could say that having food is better than not having food, and the Republicans would oppose him to a man. He’s a muslim, a terrorist sympathizer, a foreigner. Jesus Christ’s face on a potato chip — is there anything he hasn’t been accused of?

Geithner sucks. Bernanke sucks. Rubin sucks. We all know it. The fiscal policy is bad, but there aren’t many options that aren’t.

On the other hand, the country is no longer being run by the religious right. The dissemination of science is no longer a matter of policy. Once again, we do not torture. People all over the world are starting to respect our leadership again.

The majority of Americans elected Obama to carry out a Progressives/Democratic/Liberals agenda. He does represent both sides of the aisle, because only because both sides are Americans, and he’s the freekin’ President. He does not need to do squat that the Republicans/conservatives want — he was not elected to fulfill any part of their crazy fuckwit agenda. He owes them nothing.

Think of the alternatives to Obama: McCain? Pailin? (seriously Palin?) Clinton? Fred Thompson? Mitt Romney? Ron Paul? Bobby Jindal? Rush Limbaugh? Newt Gingrich? Lyndon Freekin’ LaRouche? Really? Any of these chowder heads could run the country better?

Maybe next time.

You don’t have to like or agree with everything Obama does – I certainly don’t. OTOH, he’s who we chose, and he’s doing his level best to lead the country. Give the dude some respect — he’s the goddamned President, after all. HE. IS. THE. MAN.

just a realist – Obama has his agenda- but he didn’t run for President so he could get health care passed- he ran for President so he could become President- as does everyone- irrespective of Party-

not saying it’s right- just the way it is- the world over- in every country and every party – except for maybe-

Ron Paul, Dennis Kucinich and Ralph Nader