Bob’s take on

On this 45th anniversary of the assisination of John F Kennedy, I realize how “old” I am !!  I just turned 60, and it seems I have now lived through periods of American History that about 30% of the population of the world has not experienced.  Why is this important–because History does repeat itself.

The only real difference is that we now have the ability to do things in a vast, larger way. For example, with the atom bomb, we will no longer have wars that take years and kill millions. The bad thing is that countries could still kill millions, but now in minutes.

So now we have a recession  —  as a result of enormous greed by lenders, Wall Street, buyers, and sellers —all trying to make a fast buck. Some say this is just the  same Greed from the Wall Street days of the 80’s and the Dot-com scam of the 90’s.

The Good News  — I think it will be over by the end of 09. WHY — the nation is just as excited as it was when John Kennedy became president.  Many on the National news media (TV, radio, Print) have convinced millions of people that Obama has some magical power or new ideas. Each night, the news programs hammer us with “worst drop in employment since the great depression, greatest negative polls numbers ever, Bush policies, consumer confidence worst ever, etc, etc”.  The constant drumbeat has everyone depressed.

Here is what will happen  — on Jan 2oth, the nation will become happy, hopefull, and resume spending.  All of a sudden nightly news will report polls are all up, citizens are now happy, companies are hiring, Government is spending hundreds of billions in make work programs, gas prices are lowest in decades, prices are declining, interest rates a great, heating bills are falling, etc, etc, etc,,,

Why do I say this–because I watch the bond and stock markets all day and then tape all the national news programs at night(to see how they report the numbers).  Right now there is a negative spin==and as soon as Obama takes over it will be all positive.

You may not believe it, but lets see how the attitude of everyone in the US(and maybe the world) changes, once the propaganda machines switch to positive spin.  See you Jan 22  — I’ll still be celebrating on the 21st!