The phrase used to describe next week, would be welcome by the Fed and most everyone else... if true. I wonder though, even if it could ever be true again, would we want it? The trend of instant millionaires and even more instant foreclosures years later, it would seem that the wild west has come back. Like an old movie full of boom / bust ghost towns and powerful landowners who control the law, the current financial markets are a dangerous place to be the good guy. The primary difference between old movies and today is that we have switched side, we now root for the powerful, rich and corrupt. They have bought us and so we root for them, by buying their products, supporting their policies and hoping that we too may reach that upper echelon of wealth even as average income slips farther and quality of life slips faster. Perverse rewards coupled with old fashioned values do not co-habitat. There is a stark difference between Obama and McCain economic policy.
As you ponder today's events, one of the biggest financial crashes of the century, you must ask yourself a question. Do I want to be wealthy beyond my wildest dreams even if 95+% of the country has to suffer for it? If you say yes, "screw the poor," McCain is your man. If you say no, that the rebirth of the middle class is key, then research Obama.
Do we want business as usual? I would say... no, thank you.
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