Thursday, March 5, 2009

Open Letter.

Dear President Obama,
Recently you compared the stock market's daily fluctuations to a tracking poll in politics. Interesting. Enlightening. I am afraid that I am going to have to call Bullsh*t on you, sir. You see, the so called tracking poll you are referring to is actually the most accurate representation of our economy... and "We The People's" 401k's, children's college education funds, and life savings. Your remarks are disheartening to the typical American investor. You see, it is quite apparent that your grasp on economic fundamentals are at best filled with vast gaps and vacuous black holes. You speak of government bank buyouts, and in the same breath, encourage us to place our earnings into the market; suggesting that we buy up shares of Citibank, and the likes. Even a simple Yankee girl like myself understands that if the government owns the banks, the stocks will be valued at zero. The last time I attended a math class, zero meant nothing... I don't think this has since changed. Wouldn't this produce virtually the same result as taking a match to crisp Benjamin's and watching it burn without the excitement of the possibility of burning one's fingers?

With all of your broad and inflated promises of hope and change, you have yet to deliver anything but a large invoice to the American taxpayer. In case you failed to notice, since you have signed your stimulus bill, the stock market has reacted in a less than positive manner. It has tanked. Since election night, stocks have fallen over 30%. If this is change, I wish for more of the same. If this is hope, I choose reality. Because PBO, reality right now is scarier than any novel written by Steven King. They say that the road to hell is paved with good intentions. I believe that your intentions are good... but Mr. President, this economy looks an awful lot like the sixth circle of Dante's Inferno.

Yes, you have inherited some of the problem, but the problem now is that the very way you have addressed the problem is creating more tempestuous times than your predecessor ever dreamed of. The market is not a tracking poll, it is honest folk's savings and investments. It is actual capital. It is not an opinion. But, if you would like to view it that way... game on. Check the trends since November 4, 2008. It looks like your tracking poll is in the toilet, along with my savings. The magic eight ball says that popularity is not in your future. Thank you for offering your opinion on the stock market... however, after taking stock of your recent proposals and legislation, I do not put much stock into it. I would have more luck with flipping coins, rolling the dice, and consulting Ms. Cleo the television clairvoyant. Perhaps you too should consult her or anyone else on the psychic friends network before you make your next move... It worked for the Reagan's, perhaps it too could enlighten you.
Sincerely,
Future Queen of the House

1 comment: