Alstry Right Again???? Say it isn't so!!!!!!!
As the mainstream press was leading you to believe that a bailout was in the bag.
Alstry a few days ago:
There is no chance of an Auto Bailout
Bailout Falls Apart in the Senate.
It is not that Alstry is omnicient. Simply a product of the school of hard knocks and a bit of common sense. There was a better chance for an eye of a needle to go through a camel than the bailout deal as articulated to pass the Senate. The reasons were stated in my previous post.
My friends, please notice with recent layoff notices, we are talking 10% of the workforce or 10,000 or more at a time. It doesn't take long for the numbers to add up quickly at this pace.
Again, don't despair......prepare. One part prudence, Two shots Gin, and a good second cigar that you can buy for a fraction of the price of a first. We are all in this together.....in one way or another we are dependent on each other for the system to work for us all. It doesn't take long for the deterioration to affect everyone...you know....six degrees of separation ect.......
If you are doing OK.....maybe lend a helping hand to those less fortunate if you are so inclined. If not.....becareful not to be too full of yourself.......no one knows where this is going. Hopefully, we can help each other to try to make the distress as palatable as possiible.
WATCH A LAST MINUTE REPRIVE JUST BEFORE THE MARKET OPENS.....Who knows?
As I said before....NO ONE knows where this is going.