Not Good

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

Tom Walker wrote:
>The "patriotic rally" following Bush's speech doesn't appear to be
>materializing. European markets slid 7%. NASDAQ gapped down nearly 6% at the
>opening. S&P down 4%. Investors seem to be shouting (with their money),
>"Hell no, we won't go!"


Doug H. wrote"

Ok, we're on the PEN-L bear watch again. What do you think we should
do if the market keeps falling? Just what does it mean that it does?
If it means a very bad economy ahead, what does that mean? Right now
you're sounding like the color guy in the ICU, and not much else.Doug

(((((((

CB: Probably "we" should do an updated version of the 1930's, post '29 crash: Form unemployed councils,  demand repeal of Taft-Hartley and return to the Wagner Act , strengthening labor's rights, bring back welfare , but better. If "we" are going to be giving so much money to bailout the airline industry, the government should be given an ownership interest in those companies bailed out.