badp

This is one of those few and far between entries that ties together (in an hopefully coherent and understandable manner) my various rantings and diatribes. Read and learn.

I thankfully do not have much money tied up in the stock markets. I opted to keep most of my retirement money in cash reserves instead of "investing" it. Aside from that I have a little bit of play money sitting in various stocks and index funds, and it's been that way for about ten years. But I have decided that I am getting off at the next "boom."

If I were into conspiracy theories, I would believe that Obama was set up by [insert super secret group of conspirators here (Illuminati, CFR, whatever)] just to ensure that another black man never gets elected again (like Alan Keyes for example). I don't believe that, of course, but I do believe that Osbama has almost zero chance of getting reelected. His whole administration looks like a bunch of buffoons, making bad decision after bad decision, stupid comment after stupid comment. Joe Biden is like a drunk retarded version of Dan Quayle. Obama acts like he's making decisions based on his horoscope and a coin toss. Incompetent is a nice way of describing the country's leadership right now.

Most everyone has lost faith in the stock markets. People all the way from the top to the bottom have proclaimed that they are pulling out and not looking back. But as if that weren't enough, the country's leadership is not even remotely encouraging people dipping their toes back in. The entire stock market is perceived as toxic right now.

But alas, nothing is stagnant. There will be a tipping point when many people begin to collectively think that the markets are just about to rise up. They will listen to pundits, Obama, or whoever, and start investing again. And the markets will rise, people will proclaim the "end" of economic woe, and everyone will start being stupid with money again.

That's when I'm getting out.

The rally will be only temporary. It will be a glimmer of that "hope" we heard so much about last year. The markets will come crashing down, and people will be even more skittish. They'll stuff their money in cans and mattresses. It will sit there like trash, losing value by the minute.

And everyone will be wondering why Obama can't save them.

"He pumped over a trillion dollars into the economy," they will say. Instead of preparing for the bad times, these people made the mistake of waiting on their own personal bailout. But guess what? Bailouts are only for the biggest of the big. Not for small potatos (sic Dan Quayle :P ).

The boom is coming. But think about what a boom is. It lasts for a moment, sends out shockwaves, then it's gone, often taking many things with it. Some of those things will include confidence in the stock market, politicians, and beliefs.

The question is which beliefs will be wiped out with the boom? Will people see it as a "defeat" of capitalism, despite the fact that our economy is actually fascist? Or will people see it as the consequences of that fascism come back to bite us?