Sunday, November 16, 2008
BAD WEEK COMING UP? GO BUY SOMETHING!
CNN Money predicts a rough week coming up.
Regardless of what our guts may be telling us ... regardless of what the pundits may be saying ... regardless of what financial consultants may say ... go out and BUY and GIVE TO CHARITY. That is the only way to get the economy back on its feet. Anything else is just artificial stimulation.
Re-distribution of wealth? It happens through free enterprise. It may not feel right during these tough times but the only way to get out of this is to consume. Obama wants more of your money so he can hire more government employees -- government was one of the few industries that added employees in October. Can you believe that? Just what we need, eh? They think they can re-distribute your wealth better than you can! Baloney! You will re-distribute your wealth to people who are working to improve things, and you can also give to charities that you know spend your money effectively. I'm not sure what the government's intention is with your wealth but they are missing a key point -- it's yours to decide how it grows the economy, not theirs!
I heard some silly pundit today saying that the way businesses handle inventory today, no one will really be hurt by a slowing economy. How stupid! What hole does he have his head stuck into? It's already happening for Pete's Sake! (Yes, it was a liberal pundit but notice I made that an after thought.) I'm sorry but that's just ridiculous. Yes, maybe businesses keep tighter reins over inventory than they used to but that still doesn't mean that people don't lose their jobs when sales slump. How ludicrous. I could not believe what I was hearing come out of this guy's mouth!
Okay, I'm getting up on my soapbox too much. I will come down now. And go buy something.
P.S. As real life proof of this, a good friend of mine lost his job on Friday. He was one year away from retirement, a fine man, and one of the most knowledgeable people in the industry. But, along with some others at his company, he got the axe because his company knows they have to cut costs given the recession and the stupid policies of the liberals that are increasing their control of our country. It's a darn shame. One year away from retirement and suddenly they decide he's no good at what he's done for the past 35 years. This is what we're going to be seeing more and more of though, folks.
Regardless of what our guts may be telling us ... regardless of what the pundits may be saying ... regardless of what financial consultants may say ... go out and BUY and GIVE TO CHARITY. That is the only way to get the economy back on its feet. Anything else is just artificial stimulation.
Re-distribution of wealth? It happens through free enterprise. It may not feel right during these tough times but the only way to get out of this is to consume. Obama wants more of your money so he can hire more government employees -- government was one of the few industries that added employees in October. Can you believe that? Just what we need, eh? They think they can re-distribute your wealth better than you can! Baloney! You will re-distribute your wealth to people who are working to improve things, and you can also give to charities that you know spend your money effectively. I'm not sure what the government's intention is with your wealth but they are missing a key point -- it's yours to decide how it grows the economy, not theirs!
I heard some silly pundit today saying that the way businesses handle inventory today, no one will really be hurt by a slowing economy. How stupid! What hole does he have his head stuck into? It's already happening for Pete's Sake! (Yes, it was a liberal pundit but notice I made that an after thought.) I'm sorry but that's just ridiculous. Yes, maybe businesses keep tighter reins over inventory than they used to but that still doesn't mean that people don't lose their jobs when sales slump. How ludicrous. I could not believe what I was hearing come out of this guy's mouth!
Okay, I'm getting up on my soapbox too much. I will come down now. And go buy something.
P.S. As real life proof of this, a good friend of mine lost his job on Friday. He was one year away from retirement, a fine man, and one of the most knowledgeable people in the industry. But, along with some others at his company, he got the axe because his company knows they have to cut costs given the recession and the stupid policies of the liberals that are increasing their control of our country. It's a darn shame. One year away from retirement and suddenly they decide he's no good at what he's done for the past 35 years. This is what we're going to be seeing more and more of though, folks.
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