I met with a banker who told me about a banker who hasn't been stimulated lately.
They are close friends who worked together for years in the same bank and retired recently from that bank at the same time.
The banker who met with me told me about the banker who worked with him: "He had 25,000 shares of stock in our bank for retirement that was worth $800,000."
Then he lamented, "Each share is now worth less than a dollar. You do the math."
I guess this isn't a good time to offer shares of stock in a chrome pony.
CNBC's Jim Cramer of Mad Money said back on 10/6/08, "Whatever money you may need for the next five years, please take it out of the stock market right now...I don't care where stocks have been. I care where they're going, and I don't want people to get hurt in this market."
While endorsing PBHO during the campaign to succeed GWB, Cramer hasn't been stimulated by the new administration's economic initiatives: "They're nuts! They know nothing!"
His confession on 3/5/09: "Now some...would say I am on another enemies list - that of the White House."
Didn't President Nixon and his...?
The ragheads in Iran have also drawn another unflattering comparison: "PBHO is like GWB!"
Iran's current #1 nutball Ayatollah Ali Khamenei: "Even the new American President, who came to office with the slogan of bringing change in the policies of the Bush administration, avows unconditional commitment to Israel's security...a cancerous tumor."
He says cancer.
I say cure.
Here's hoping those certifiably cuckoo birds got something right for a, uh, change.
Speaking of enemies, PBHO and Rush Limbaugh continue to go at it.
Believing PBHO's policies will move America to state socialism, RL has said consistently, "I hope he fails."
Parenthetically, the stock market has dropped 3,000 points since the race-baiting benediction on 1/20/09.
White House Chief of Staff Rahm Emanuel on 3/1/09: "Rush Limbaugh is the voice and the intellectual force and energy behind the Republican Party."
PBHO does not say things like that.
RL is not on PBHO's enemies list.
It's like politics in Illinois.
Everybody in Illinois is crooked except PBHO.
PBHO has no enemies.
He is the paradigm of bipartisanship for Christ's, I mean America's, I mean, uh, uh, uh,...somebody's or something's sake...
Anyway, Jonathan Martin of www.politico.com on 3/4/09: "Democrats believe they have struck political gold by depicting Rush Limbaugh as the new face of the Republican Party."
Putting it all into perspective for those who are keeping a list and checking it twice, MSNBC's Chris Matthews - the guy who wants to be the next Senator from Pennsylvania when the senile one quits - said while Hardballing it on 3/4/09: "Pomposity on parade!...Rush Limbaugh today challenged PBHO to come and debate him...Not since Snoopy challenged the Red Baron...have we witnessed an episode of such preposterous pomposity...never elected to anything...no responsibilities on this planet except talking..."
No responsibilities except talking?
Johann Wolfgang von Goethe: "Behavior is a mirror in which everyone shows his image."
An old elder counseled me many years ago, "Never get into a tinkling contest with a skunk."
Who's the skunk?
PBHO or RL?
Who's the wolf in...?
Editor Mortimer B. Zuckerman of U.S. News and World Report (3/09): "American consumers are hoarding cash, cutting spending to replenish the...collective wealth they have lost through declines in their stock holdings and their housing. Individually understandable, collectively disastrous...The result is that we have gone from a financial crisis to a full blown panic where nobody trusts anybody."
www.bloomberg.com (3/5/09): "The Federal Reserve Board of Governors...refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast 'a stigma' on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers...Bloomburg News...[requested details and lists as]...central to understanding and assessing the government's response to the most cataclysmic financial crisis in America since the Great Depression...The Freedom of Information Act obliges federal agencies to make government documents available to the press and public."
Have we moved from trust to idolatry yet?
I'm still selling shares.
It's worth more than the snake oil being sold by...
Blessings and Love!
there's always new stuff!
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