Saturday, April 05, 2008

Voodoonomics

I readily admit I know nothing about money and how it works. But the current economics in America is a real puzzlement. The dollar is way down around the world. Oil prices are way up. Housing values and mortgage lending are way down. Unemployment is way up. Indicators are we are either already in a recession or it is due in the next quarter. Yet, despite all these negative indices, the stock market is having its best gains in years. Just what does Wall Street represent? I am currently making money, or rather regaining money with my investments, but I am losing money with every purchase I make, trip I take and mile I drive.

What's it all about, Bennie?

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