I see the stock market it up by 889 today. Before you get out the bubbly and start singing "happy days are here again" remember this is only the start of something bad. All of the lay offs haven't happened. Retailers are not expecting hiring increases for the holidays and the foreclosures and resets are no where near begun. As I said in yesterdays post this is merely an opportunity for savvy investors to dump their bad paper. And the word from the white house is " lend damn it lend". The only problem is to who? Who wants to borrow when they're up to their eyeballs in debt, afraid of job loss and struggling to make the mortgage? Even with gas prices coming down the cost is still high and food prices are climbing.
We now have McCain calling for the head of Ted Stevens. Humm wasn't Ted one of Palin's best buds up there in Mooseland?
Then we have our local issues with a certain candidate for governor. Seems Republican Dino Rossi was directing campaign funds his way from a building industry association. This wouldn't have come up had it not been for some documents with his signature on it as being the main man in charge of directing funds. Rossi denies all of this but everything that's come out of his mouth has been proven a lie by document or video during his debate with his opponent. I just wonder if any charges can be filed when it comes out that he used over $6 million in illegal campaign funds.
I can only wonder what other surprises are in store in the next 7 days. A resignation, another sex scandal, a candidate dies of natural causes or heart attack? Only time will tell. So keep your eyes peeled but ignore the negative ads they're getting boring anyway.