Sir;...Up to nearly the last moments before the election, the Republican candidate and president were both calling the economy fundamentally sound...Were they lying, or to their minds, telling the truth??? .Is failure for the small, the middle class and working classes what they truly desire, and find sound???Now we find, after the election, that they were just blowing burrs up our butts...Now we find that the systemic problems of the economy which have been growing from the days of Reagan are coming home to get well, or die...Who else can fix them but the government???And what does moderation have to do with a radical problem??? Have you ever had a moderate toothache, or heart attack, or kidney stone??? Would you then want a moderate solution, and a moderate doctor???The economy has been in serious troubles for many years...Reagan fed the monster deficits, and it was quiet for a while... But the systemic problems of the economy have been growing, with panics, and meldowns and bailouts every few years...Underlying all these problems is the fact that wealth has been sucked out of the lower classes, and the public, and deposited with the upper class.... Having no sense of patriotism, they have exported much of our capital thinking they could import endlessly into this country... They took too much.... They counted on self restraint as a class which they could not demonstrate as individuals... All they know is money....Were they moderate in their profits??? You may have been a Catholic....You may know how the church lost ground over the notion of Just Profits... Profit knows no justice... They know only more, and more.... So what if Mr. Buchanan wants a moderate solution to a radical problem????The king of England wanted a moderate American Revolution....Louis, in Franch and the Czar in Russia wanted moderate revolutions.... But when moderate change had a chance, it was denied.... So, if you do not think change is called for, any change will seem radical....Let me tell you the true problem.... The change needed in this country is nothing short of revolutionary.... We cannot fix an amputation with a bandaid.... The rich have amputated our wealth, public and private; and in the hands of the rich it ruins our economy... Our problems are not only radical, but chronic.... These problems have been in our faces, and long denied.... Now we have to face reality... And the right wants radical change as much the left.... The left demands economic justice, and the right seeks moral justice; but the rich only want things as they are with the left and right at odds, and at loggerheads.....It is for that reason that they resist all essential change.... They simply do not want that genii out of the bottle...Thanks...Sweeney

Byuke you are a pristine example of how perniciously denial works to turn the human psyche into rationality's greatest enemy. The stock market cannot begin to presage a recovery until the true market really hits a bottom that's real, not make believe. Right now, that bottom can't be found until the market can figure out the actual value of all of those deliberately opacified assets the banks and the stock market itself have sold us like the trinkets Europeans sold to the Indian tribes in exchange for North America. And how little those trinkets are worth is not going to be admitted for a long time because your buddies have done such a find job of hiding their true worthlessness. You really don't get how much these guys have ripped off you and your kids and their kids and their kids and theirs. You can't rationally blame that on our president. Since you're talking stocks, by the way, you should learn a little about the significance of the "falling knife" pattern in technical analysis. Your "lead indicator" stock market began slicing through all of that toxic blubber long before Obama became president. It's still "leading", and the message is that the falling knife won't stop it's free-fall decent until it finds some bone. But the economic bone has been rotting right along with the country's educational, transportation, manufacturing, and healthcare infrastructures for a long, long, time. The market is going to fall back in short order to the levels it saw in 1994 or earlier unless our president and the other world leaders can do something to bring about the kind of massive, global spending World War II forced upon us. Not sure how much you agree with this, but that kind of war is not an option these days. So we have to spend like there is a war, and I don't mean W's and your phonied up war on terror. World War II deficit spending, which is what got us out of the depression and blasted us into the greatest era of prosperity the world has ever seen, was also the greatest program of government-financed and government-dominated borrowing the world has ever seen, and it wasn't limited to this country. I guess that kind of deficit spending is just fine with you as long as the money is spent on killing, maiming, and mass destruction.