Friday Fish Wrap 9/7/2012

Well… today the stock market took a step back as the jobs report showed that fewer than expected new jobs were created last month, although the unemployment rate went down…just confirms to me that the numbers being used by the government – and thus the gamblers in the stock market – are outdated and archaic and don’t reflect the “real economy”…….One economy that is booming??  The political spending economy.  “It’s safe to say that, given that we had a $5 billion cycle in 2008, it will certainly be more than that and very likely over $6 billion …” total spending on the 2012 presidential and congressional elections. (Reuters) Seems to me is more than enough to retain some firemen, hire some teachers or maybe even build a bridge… Just Sayin…… More news below…..Go VIKS!

This site uses Akismet to reduce spam. Learn how your comment data is processed.