Saturday, March 1, 2008

Markets Fall on Drumbeat of Grim Reports - New York Times

This developing situation is just that.
We should not expect the feds declining interest rates or the penny in the cup check we supposedly will all be getting by late spring to take the pain away and make the sun shine.
Affirmation is really only effective when it is reality based. Otherwise it is swimming in fantasy as the flip side of elation is depression.
So staying centered in the row boat is the best course of action when the waves are beginning to splash at our feet. And they are... and it's not unreasonable to expect a rain storm as well.
The public is now reading a book concerning our 3 trillion dollar war(s) and what it is doing to our society. Also the president... our dear leader, continues to tell us everything is peachy though the crop maybe a tad late.
But not to worry... and enjoy the dog and pony show as well as the stale pop corn for dinner.
We then know it is becoming more than just on the horizon..... and when we hit those pot holes in the streets positive thinking will not keep the wheels aligned and the tread on the tires.
Warren Buffet is quoted in the annual Berkshire H. report repeating the Alice in Wonderland Fairy Queens remark: "That some days she believed six impossible things...before breakfast."
The point being our mind was designed by a butterfly and is inclined to follow the air currents or one economic bubble to the next.
This story is also in today's NY Times business section. Actually the B.H. annual report is reproduced for the story follow up.

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