Archive for June 25th, 2009

Things That Make You Go…Hmmmm!!

Even though I am a daytrader and have been heavily “short” the market in the last few days, a lot of people who have just bought back into the market mustn’t be enjoying the 4 days of consecutive ‘blood red’ on their screens!.

But according to the media and government (who are a highly reliable news source apparently ) things are ok, and we needn’t worry. Hmmmm… I think I have heard that one before??

But when I saw the following info on a popular news website I frequent, I nearly spat my coffee all over my monitor.

If I have some down time, and want to go cheer myself up with some good old fashion jokes, I no longer have to use Google. I just have to visit the first News & Economic website I find. This should get joke of the year in my books!!! Sure had me in stitches.

The news over the last few days has been highly amusing, especially when the market is selling off in an orderly fashion. Anyway I thought you would get a kick out of this…

I like this comment – ‘ New Great Depression Has Been Averted’ That’s where I nearly fell off my chair laughing.

Funny thing, is that there is no evidence of this, and Mr Ben Bernanke is following the same actions taken by the government back in 1929 when the stock market crashed and just before the Great Depression Era started. Just pump it full of more money, that seems to be their answer to everything.

But guess what.?…I have actually gone back and studied this myself. And you want to know something that is really haunting?. The governement and mass media had the same bag of tricks up their sleeve back then too…

Have a look at some of the newspaper headlines printed back then…

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“Studies Suggest No Depression Is coming!” 1929

“This Recession Will Be Short Sharp And Only Affect Those Without Jobs” 1930

Drumrolls Please….. And here is the doosy!!!

“Is This Really The Great Depression?” 1930

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What do you think people without jobs standing in the bread and soup lines, who could not afford to buy a newspaper were thinking??.

“Things that make you go Hmmmmm”

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Posted on June 25th, 2009 by admin  |  No Comments »