jjason

Bill Miller on This Tough Market

I, too, am upset with the fools in the banking industry, Congress, the Bush administration, and in the government agencies who have been incompetent in doing their jobs ( like the SEC, Feds, Commodity Futures Trading Commission, etc.)

As a retired fellow ( who will sign up for Social Security at age 66, hopefully on March 1, 2009) I shudder to think what will happen to all those people who are being foreclosed on , those employees who are losing their jobs, those young people who can't find decent jobs, etc.

Eight years of a Republican administration, a former Senator named Phil Gramm ( The Enron Loophole Genius ), and a Republican Congress have resulted in the mess we are in.

For one solution to one problem, go to:

www.stopoilspeculation.../

to sign a petition to help lower oil prices.

Also, STOP SCREWING AROUND IN HEDGE FUNDS AND SPECULATION.

If some predictions come true regarding lower stock prices, bank failures, more bankruptcies, it is possible that we will see a recession of five years instead of two years.

People like the former CEO's at CFC, WB, Merrill, Fanny, Freddie,etc. who became multimillionaires could care less about the small investors who trusted them who have now lost money investing in their companies.

In November, toss out the politicians ( incumbants )who screwed up.

I will...it's how I intend to get my revenge.