esrosedotblog

IDIOTS

The stock market is an idiot.

Yesterday it went into a tailspin because Obama became directive about the auto industry.

Didn't they get that this was a good thing for the market?

Nope. Not until today when they made up some of the loss.

There is a lot of running around looking for positions on this thing. The right wingers are all about the sin of nationalizing when the other day they were pissing and moaning about pouring money in without reciprocal "punishment" of the industries.

The lefties don't know what to think.

I think it is a good thing and high time.

I like the whole thing. The backing of warranties is great as is the idea, now working its way through congress, to give cash for clunkers.

As a Chrysler owner, actually three Chryslers, I am not worried about the warranty so much as the viability of the dealer that I depend on. Otherwise, let 'em go.

Labels: Administration Obama, economy