Gary Noffke

Fund Managers Attempt to Calm Nervous Investors

This whole thing stinks. We have four star blue chip stocks that have dropped 30% of their value in ten years. We have inflation which has increased the loss in value that much again. We have corporate management stealing from stockholders, claiming their options and bonuses then immediately writing off billions. Next we have the US Treasury bailing out the the banks and corporations "too large to fail" with tax-payers money, the tax-payers, most of whom have already been screwed by the system. If anything is ever trimmed in a bureaucracy, it's the workforce, the products, but never the management. Then we get the doom and gloom journalism and media commentary about the economic outlook which causes fear and panic. Articles like this are a classic example of the media further screwing up a bad situation. Perhaps a constructive approach with facts rather than stupid negative speculation would be helpful.