JPF Home Page Forums Stop The Bailout

Jody,

I think the reluctance to view video links is the season we're in. Most links going around are biased to a particular viewpoint and in the right hands, any subject can be spun in any direction you desire, especially on issues where most politicians and experts agree, in the end, they have no clue about what is really happening and what to do about it. It doesn't matter what point your video makes or how well done it is, there's no way to know if it's true just because they say it is. If you don't believe me, watch the propaganda out about both candidates and both parties. In most cases, they are pretty convincing to someone who is open minded, or simply preaching to choir to those who have already chosen a side. So, your video may be 100% factual... 50% factual or complete BS. And right now I doubt anyone really knows which it is, no matter how much they want to believe it or refute it.

I am finding this discussion very interesting however. The reason is that folks from all political bents seem to be forming opinions on the various facts and assumptions floating around separate from obvious straight ticket thinking. If only we all did that all the time. Wait.. I think I do do that more often than not. But most of the time, my left friends think I am a right wing Nazi and my right friends think I am a left wing pinko. Ah.. the joys of being moderate.

Brian

PS: The market was up 485.20 today, or 4.68%. Taken stand alone (As people took the 777 drop yesterday) you'd think we were in a boom. That's the trouble with looking at any of this short term. We were all told that doom was definite if the bill wasn't signed over the weekend. A net 292 drop in 2 days is certainly a bad thing no doubt.. but as a percentage, it's not the big deal people worried about. Perhaps tommorrow it will drop 1000... or maybe gain back some of the 292.. no one knows.. (note: If you are sure you DO know, you can easily get VERY rich no matter what happens if you have the answer.. so put your money where your mouth is if you're sure it's going down or up) but many people are making decade or even century long decisions based on the fact they think they know for sure what is going to happen. That's a bit scary.