The characteristics of a bear market dictate that most every stock is hit and the investing public, if not the public in general, feel sick to their stomach. At this time, savvy investors are making a list of potential equities to buy when a new bull market emerges. It will, and I am pouring through Investors Business Daily searching for a handful of candidates.
What is making me sick is the political pontification by a series of idiots (Congress), and of far greater concern is the attempts at using this economic crisis as an opportunity for government to seize additional power.
Glenn Beck revisited with Amity Shlaes, author of The Forgotten Man on the Great Depression. She details how governmental intervention, as usual, created more problems.
Wednesday, October 1, 2008
Losing Control
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