All the turmoil over the automaker bailout is creating pure mayhem in the financial markets today. I'm going to take a break and go to the grocery store! This isn't worth throwing good money into the market!
I've have noticed over the past 18 months that every time government interferes and intervenes into the financial markets, uncertainty and turmoil are the result. Government interventions don't bring stability to the markets. They bring chaos!
What would have happened if, in August of 2007, when the crisis began, the government had stayed out of the financial markets? Instead of a slow and tumultuous death, perhaps the financial markets would have reached a natural bottom several months ago and begun to form a solid foundation for recovery.
Instead, we are faced with constant meddling and interventions, crushing debt, and collapsing financial markets. No investor can rely on any conditions, legal, fiscal, monetary, or otherwise. It is a nearly impossible circumstance to trade or invest with a sense of reliability or stability! Time to take a break, boys and girls, and wait for order to return to the markets!
Government isn't the solution! It is the problem!
This is market mayhem!
