Bilgeman
2009-02-28 07:13:26

#88 Richard Cook:

“Polls say one thing but the actions of the voting electorate say something else. Capitalist on the market upswing, socialist on the market downswing.”

Aye…that’s the truth of it.

I think that’s called “Human Nature”.

When Alan Greenspan warned against “Irrational Exuberance”, people looked at him like he had a penis growing from his forehead and laying alongside his nose, (when they weren’t castigateing him for “rocking the boat” by reminding people of one of the fundamental laws of the market: If it goes up, it can come down).

And now, the fellow who claims to have been born in Hawaii is talking Unreasoning Despair, where are the voices reminding us that when the market drops, it will also rise?