Katiie’s Beer

I work in the financial industry.  It hasn’t been a pleasant week to be at work.  I work as support staff, since my Series 6 and 63 classes gave me severe headaches when I first attempted them several years ago.  Perhaps if I had stuck it out, my kids’ college savings, which has lost about 40% in a year, wouldn’t be in the market and I wouldn’t be nervously watching it each day to see when I can sell and put it somewhere safer. My guess is that a lot of us trusted the stock market way too much.
I doubt my newfound interest in economics will renew my interest in become a rep, but I do love to talk to other reps in the office.  The consensus (educated guesses, really) is that the market will soon rebound - temporarily - before settling into a longer depression.  The other common comment is that our government’s efforts to infuse health into Wall Street is not working and that may be telling us something:  investors aren’t reassured when government sticks itself into the system.  In fact, government taking great measures to save our financial system has had the opposite effect of creating distrust and decline.  I find that very interesting.  To me, as a libertarian, I think that this has implications for our upcoming election.  Will we choose a president who promises that government will fix things?  Do we even have a choice between a small government president and a big government president?  I don’t think so.  Conservative and liberal don’t match up to those distinctions anymore.

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