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To: SeekAndFind; sam_paine; Man50D; Former MSM Viewer; maggief; AlexW; randita; piytar; RXSalesman; ...

Financial writers are useless now. Someone in hindsight will guess right, sure.

The concept that anyone with the best info can make the best prediction is no longer true.

The random interferences from the government and foreign manipulators drown out the functional market signals.

It’s like trying to play poker when someone has a 15000 lb backhoe clawing up the pot on the table.

It’s complete nonsense out there.


16 posted on 06/23/2009 10:47:50 AM PDT by sam_paine (X .................................)
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To: sam_paine

True to an extent, esp. for number crunchers. However certain facts and their consequences are true to the point of being economic laws. (1) This level of deficit spending is not sustainable. (2) An economy is which small business is being slaughtered is not sustainable. (3) A centrally planned/socialist economy is moribund compared to a self-directed free market one.

So, that tells us where we are headed...


20 posted on 06/23/2009 3:41:24 PM PDT by piytar (Take back the language: Obama axing Chrystler dealers based on political donations is REAL fascism!)
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