StockMarket And The Bailout

Been getting a lot of emails about what I am doing with my investments during this time. I have stopped putting money into the stock market and started to retain cash. I think times are going to get much worse then they are right now and that will mean there will be opportunities. As I said many times I never liked putting money into the stock market. I have played a round here and there and even used to make stock picks in the ShoeMoney newsletter but I am not playing in the market now so I would feel weird recommending a stock to someone even though I am positive cash in my picks from the newsletter I have sold those off. So ya... I know... I am being a whiney pants cause I just lost a shit ton in Wachovia and other stocks but really I have nobody to blame but myself for that. I do not understand the stock market and have always said I have no business investing in something I do not understand. I just wish I would have practiced it. The only stock of ours that makes us well in the market is Berkshire Hathway. Its more then doubled from what we paid for our shares 5 years ago. Still though.... Not feeling that great. And this Bailout... Maybe I do not get it... The way I look at it is like this: The government is like 1 big mutual fund (or even hedge fund) that takes your money and invests it for you via taxes. You would like to think of these investments as repairing roads... schools for kids... etc. But many times your money is used to do other things. This Bailout is one of those things. They want to take a trillion dollars (or 2 trillion depending on who you ask) (btw that 700billion is bullshit its way more) and invest it in these banks that failed? ... and thats it? If someone came to me and said hey we are going to take your money and invest it in this failed business I would be like ... umm ok wtf is going to change why I should give you my money? The kicker is I have NO CHOICE I have to invest in these failed businesses or GO TO JAIL (by not paying taxes). So in reading this 108 page bill there are some changes but not much. They say its the end of CEO's getting big incentives and all that for taking a company down the toilet.... BUT IF YOU READ THE FINE PRINT you see its only for NEW CEO's. I am sure this asshole CEO from Wachovia is going to walk about with 9000x what I lost. Nice score jackass. Anyway if you haven't I highly suggest you read the bailout documents and call your congressman and let them know your opinion. I personally feel this bailout will go down as one of the biggest disasters ever. You can't give politicians a trillion dollars and a lot of freedom to delegate it. Its going to be kickback city... If the system failed let it fail lets start healing. Lets not prolong the inevitable where politicians see one last chance to grease the American people. If you look at what caused the Great Depression it was not the big stockmarket crash it was the policies that come from that (the new deal) and many quick fixes that made the Great Depression last so long. I do not want to see us have a bunch of quick fix band aid solutions. The one thing that always gives me comfort is Americans are willing to do what it takes when its crunch time. We seem to really shine through when the shit hits the fan and great depression or whatever we will overcome it. It just might be time for pitchforks and lanterns to get all these bums out of Washington.