bindlepete

Cramer's Stop Trading! The One Oil Stock That Hasn't Rallied Yet (6/10/09)

The outstanding debt is not really being addressed so this economic downturn has a long way to slide.

The job market will continue to fall well through next year and thus increase the collapse of bundled credit card debt, mortgages and of course the Alternate A's and student loan defaults will continue to rise if not spike.

Inflation? with medical costs, tuitions and food and rental rates on the inevitable rise it will be a factor that the Fed will be afraid to address in any real sense.

Return to 2004? - forget it. We will have to adopt a new metric for success. Meanwhile the Government has raped and denuded "ol Aunt Mini to fatten the Wall Street flim flammers who are too important and generous in contributions to fail.

We need a revolution in metrics and governing.