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Once the holiday season is over expect the reality of the deep freeze to set in. And a deep freeze it becomes very helpful as the aforementioned trickle threatens to dry moving up. Investment funds have been not so quietly withdrawn from the marketplace, the investors left licking their wounds. on the web have lost their shirts – yours actually. Mortgage lending has all but stopped. Home equity lines have been withdrawn, private credit information limits axed and the banker nearly pees himself with laughter when you may ask for an overdraft. Mark my words, when retailers go cap in hand to their banks in January for funding to ride out the Spring slow season usually widely expected that they will get what we, the people, requires to have given the Wall Street bankers when they came abegging to us; the cage door. Or more appropriately- the finger.
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Obama is the ideal embodiment of such a mind-set. He speaks incessantly of ‘spreading the wealth around’ and ‘making wealthy pay more,’ yet he’s defied direct court orders, refused subpoenas from Congress, failed to stick to the Constitution in in order to be Congress for legitimate legislation in lieu of issuing dictatorial ‘executive orders,’ or any number of other violations of the tenets within the free culture.
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On the other hand, an amount happen that a multi-billion dollar institution were interested in buying shares of Microsoft? It will buy several or so shares every single – about million worth – without disturbing the market much.
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