Musings of a Dumb Ass

Musings of a Dumb Ass......... Today the Dow Jones average closed 53 points from an all time high of 12,000. The August trade deficit was announced just shy of 70 billion dollars for August only. The average credit card holder is carrying a 10 thousand dollar balance. Individual home sales are in the tank. The price of individual homes are in the tank. New auto sales are in a downward spiral. At plus two bucks a gallon we are thankful the price is down. What? Although almost everything stocked on a shelf is jumping each time we shop and the cost of health care is out the roof, the government tells us there is no inflation. The government also tells us of the hundreds of thousands jobs created in the last year and how great things look, but health insurance and therefore health care is out of reach for 46 million Americans, and 37 per cent of Americans now live below the poverty level. Whoever thinks all this adds up to good times is a fool. Our printing presses are still big enough to print enough money to fool us, but not for long. We are now in a spot that any move by almost any credible nation on the dollar will collapse our economy. If they don't, we've shown every indication we can do it by ourself. It'll just take a little longer........ not much....... possibly by the end of President Bush's term or very soon in the next President's term. We are truly collectively fools................