Billy Ford

Wall Street Breakfast: Must-Know News

ebworthen,

you couldnt have said it any better. I also firmly believe this is all a big ball of Sh!t. Goldman and the govt are pulling the strings on this thing. They are trying to force positive feelings on people so that they will go out and buy crap...that may work for a few, but not for the 10% that dont have jobs. Doesnt work for the people like me who are skeptical of this whole charade. I have spoken to many small business owners and they all say about the same thing in that they feel this is just getting started and that they ripple effect is just starting to impact them in a major way. I feel sorry for you if you buy into all this...quit reading the biased articles and watching CNBC...that is precisely the vehicle for which they are trying to build consumer sentiment..it is a joke.

Wall Street Breakfast: Must-Know News

Honestly, unless you are Goldman propping up the market, how can anyone feel confident in buying anything right now?? I truly dont see why the market is even contemplating moving higher. I am getting sick of the media just ignoring the glaring data that is showing we have a LONG ways to go before any recovery can take place. There isnt 1 thing that I can hang my hat on as positive. Retail- stinks and will only get worse. Housing- Horrible, and a 3% increase in starts wont come close to proving to me that things are turning around. Jobs-Come on, we get excited because we are now down to 500K...As unemployment heads even higher, you have to realize that on a percentage basis, in my mind 500K is equivalent to 650K or higher 6 months ago when you factor in the fact that the number of jobs kept creeps lower.