I just saw this ad on Facebook. Something just seems wrong about it. Offering more credit to students when there is apparently a credit crisis doesn’t make sense.
Soon I’ll write about how this election has turned racist.
Archive for October, 2008
Sell, Sell, Sell!
2008 -
10.06
Sell it all! Get out of the stock market! The world is crashing!
A quick excerpt from the AP wire:
- SAO PAULO, Brazil (AP) – Latam stocks plunge deeper: Brazilian
shares now down 15 percent on slowdown concerns. - Tokyo’s Nikkei 225 index fell to its lowest level in 4 1/2 years, sinking 4.25 percent to 10,473.09. Hong Kong’s Hang Seng index slid 5 percent to 16,803.76. Markets in Tainland China, Australia, South Korea, India, Singapore and Thailand also dropped sharply.
- NEW YORK (AP) – Wall Street is plunging, with the Dow Jones
industrials down more than 500 points amid growing fears that the
credit crisis is spreading around the world. - NEW YORK (AP) – Oil prices broke beneath a key support level
Monday, trading under $90 a barrel for the first time in eight
months on expectations that a widening financial maelstrom will
drastically reduce global demand for energy. - Iceland and Denmark became the latest countries to declare a
deposit guarantee Monday after a startling announcement by German Chancellor Angela Merkel on Sunday that her government would guarantee all private bank savings and CDs held in the euro zone’s largest economy. “We want to tell people that their savings are safe,” she said.
So I’m sitting here watching the wire come over and am just thinking… what’s happening here? Where is the world going? I think like is going to be a bit different soon.
Then I go online and see that Jim Cramer, one of the most respected stock market analysts, is saying it’s time to sell everything!
In the mean time, others are telling people to stop spending and save. That’s what I’d like to think I’m doing.
Hmm. I’m glad I don’t have any stock, do I?
This has to be good for Obama. Polls show he leads on this economy issue.
When will we like our President again?
2008 -
10.03
I’m wondering now what it’s like to have a president that the country likes. What’s it like to have a hero in the oval office? What’s it like to have someone you admire as Commander in Chief? What’s it like to trust your President? What’s it like to have faith that he will make the right decision? What’s it like to know he’s making America and the world a better place?
I can’t answer these questions. I don’t know. All my life – or the whole part I’ve been aware of the government around me – I’ve disliked our current leadership.
I asked my grandmother the other day if she plans on voting for Obama. I knew the answer but asked anyways. The distress she displayed on the thought of him in office was unsettling. How can it be that people are afraid of the other candidate for President?
I can’t say I’m afraid of McCain as a president, but I am afraid of a McCain administration.
There’s something lacking in our country now. I can feel it. It has something to do with a disconnect between the people and their leaders. The approval rating and trust in the government is low. The causes of this erosion of faith in our American institutions can be attributed to whatever you like, but the fact is this isn’t good.
