Friday, November 21, 2008

Face Bigelow #85 - Market Analysis

This market is a mess and I basically got out of it back in early October after earlier sell offs in mid-September. Glad I'm out, but I can't believe all the rhetoric going around telling people to keep their money in this game. Maybe it's just me, but hasn't anyone looked at the times when the market has tanked badly, it usually takes about 2 or 3 years to hit bottom? At least that's what I see. Until it turns into a long term market again, I'm staying out.

Title: Market Analysis
Big: The stock market is a great long term investment even when it's going down...
Big: You have to look at it from a historical perspective and not day to day.
Big: Look at this stock's low price. You can't sell it now. How much lower do you think it can go?
Victor: Try Zero! Then Buffet walks away with the preferred stock and reissues the regular stock...

Thursday, November 13, 2008

Face Bigelow #84 - Blame Game

Big: It's all Clinton's fault.
Big: He changed the lending rules which lead to this entire mess.
Victor: Didn't you hold the presidency and a majority part for six years after Clinton?
Big: That wasn't enough to change those failed policies. He ruined everything. Now just look at the mess he created. What are we going to do? The world is going to end!
Big: Quick. Throw all the money overboard before we sink...
Victor: First things first. Let's stop with the policies of fear. Second, put the money bags away.

Wednesday, November 12, 2008

Face Bigelow #83 - Bureau Of Bailout Needs A Bailout...

This is completely insane. Paulson Backs off asset plan; crisis deals at risk. I agree with trying to put the train back on the tracks, but standing in front of it while it's still moving might not be the best idea after all. Did we all get sold an $800 Billion bottle of snake oil? Do we want to buy some more?

Big: We gave all the bailout money to the banks.
Big: None of it is going to relieve mortgage debt like we said it would.
Big: The banks are now hording the cash or using it to buy their competitors.
Victor: Your plan was to fix a greed problem by giving the greedy people more money?
Big: We need another bailout plan to bailout the first bailout plan.
Victor: Maybe we should stop and do an audit. Let's start with your account...

Friday, November 7, 2008

Face Bigelow #82 - Asleep At The Wheel

This comic is entirely unfair. It does express my own frustration with the last 8 years, but it is still unfair. I know W has worked hard, it just doesn't seem like he's at all connected with the American people. We are in the middle of a huge melt down in the economy and I don't think he's spoken about it publicly more than once. It just seems like he's asleep at the wheel. It took forever to realize that Rumsfeld was the problem with Iraq and now Afghanistan is going down hill and it's just stay the course even if the course is headed for an iceberg. Very disappointing. I'll be the first one to support a sitting president no matter who it is and even though I wrote letters against going to war in Iraq I still supported the decision when it happened. When everyone was saying we should pull out I was in support of staying. It is our responsiblity to leave Iraq in a responsible manner. We've caused enough suffering and we don't need to make it worse. Enough rambling, this is a good expression of my frustation.

Big: Zzzzzzz...
Victor: George... George.... Time to wake up...
Big: Huh?... Huh?... Who's there?...
Victor: Barack is at the door. It's time to wake up. Your second term is almost over...
Big: Oh. Okay. What happened?
Victor: Not much. Karl and Dick have been running the place.
Big: That's good. How'd we do?
Victor: Karl pulled a Skilling and abandoned ship just before the biggest crash. Otherwise we've got the worst unemployment since your father left office. You'll probably have that great legacy you wanted...

Thursday, November 6, 2008

Face Bigelow #81 - Mideast Peace Deal

This idea came from a Reuters article saying it didn't look like there would be a mideast peace deal this year. I'm surprised that anyone would be surprised? What an odd article.

Big: I'm so disappointed that we are not going to see a peace deal this year in the middle east...
Victor: Were you working on a peace deal?
Big: Not really, but I was still hoping to see my legacy include a peace agreement.
Victor: Don't you have to be engaged and working on a deal for one to happen?
Big: What a great idea. I wish I would have thought of that earlier...
Victor: !!??!!