Wednesday, November 26, 2008

Horse sense II


Okay, the credit emergency seems not to be over. Lots of people never saw it as a real emergency since the stock market seemed to be doing fine inspite of the delay in securing the 700 billion dollar injection of funds but there you have it. There is more to be done. More businesses to save. More jobs to create. It will be so much fun. Did Wall Street learn anything? Who knows? Just buy as many conservative shares as you can while they're still cheap. I think WAMU is about 4 cents. Is that cheap enough? We need an injection of plain old horse sense. That's what we need.