Rainbow Shoes

My rant, my banter, my cynical view, my loving words.

Thursday, January 22, 2009

where is the bottom

being constantly bombarded with bad news these days become apparently a given. every day i open bloomberg on my iphone, the headlines have always been XXX lost more than expected X amount and XXX export surprisingly shrink by X percentage. if there is ever a bad news season then this reporting season takes the cake. i'm not gonna drum on with my dose of pessimism here, so below is just my solution as usual:

  • give a shot of confidence to the market by penalising those who are no longer important, e.g., the ex bush administration. sue the rats out of them for the slew of crap they did include misleading the nation and mismanaging the economy. jail alan greenspan.
  • jail henry paulson. he is obviously using his clout as treasury secretary to help his old time buddies on the street selectively. witness the dramatic assistant of short banning for goldman sachs.
  • outlaw lobbying. what the petrol and pharmaceutical company is doing in washington is absolutely disgusting and detrimental to the world. in the same process, sue the previous administration again for taking bribes from the lobbying thugs.
  • give money directly to consumers instead of banks. banks will not lend no matter what in this economic condition, a primary school kid with basic economic knowledge knows this yet it seems to escape the treasury.
  • car industry, where do i begin? the size and scope should be much smaller to start with. start building massive scale mulpliplex villages across america with no need to automobile. bicycle sales will skyrocket and car sales will dwindle

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