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9/14/11

Conference call between leaders of France, Germany and Greece results in a huge Wall Street Rally

It's too bad the world does not have financial media that's willing to explain what's going on in simple terms; Instead, we're deluged with daily data-points that have little meaning to the average working slob who just wants to know whether he's going to have a job tomorrow or if the company he works for is going to pack-it-in and head for La-La-Land..

The fact that one conference call today between  the leaders of France, Germany and Greece makes the US stock market gain 140 points shows once again how totally messed up and unreliable the financial system  and Wall Street is..

If you want to be amused, just watch the CNBC "Closing Bell" program and listen to all the non-stop verbiage their reporters are "pumping out" for their viewers.  .As their slogan goes "we help you get the information you need to succeed". Excuse me? Has anyone ever reported they .made any real money from the advice they got from these so-called analysts?

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