The devils and their friends in Wall Street have entirely under-estimated the power of ordinary genuine investors. They thought we are stupid and naive and we will jump into the stock and bond markets once they have passed the evil Bailout Plan. NO! We may be stupid and naive but we are NO fools!
Clearly the evil Bailout Plan has created more harms than good to the stock and bond markets. The claim that the evil Plan will help investors in terms of their retirement investments, money market funds, etc., is entirely misleading!
When you lose confidence in the US dollar and the US economy, nothing can restore investor's faith in the stock and bond markets. Yes, for countries holding lots of USD investments as reserves, they may find it difficult to reduce such toxic materials but for most investors outside, the only choice is to leave the stock and bond markets.
The devils and their friends have learnt nothing. In Hong Kong, after the local government's intervention in the stock market in 1998, the economy together with the stock market fell into an unending free fall resulting in endless deflation, panics, depression, etc. Hong Kong almost disappeared when SARS attacked us in 2003. Nothing could save us at that time and the local government did one thing right: they asked for help from our Central Government in Beijing and we got it!
In Japan, if you can recall, their government also intervened in the stock market in Sep 2002 and after that the market continued a free fall after a very short rally!
I don't want to repeat our objections to the evil Bailout Plan; it has been wrongly approved. What is important to note is that the approval of the evil Plan means the death of the values that we treasure about America: free economy, justice, economic wisdom, international responsibility, political integrity, and in particular, democracy. We must look elsewhere on earth for the future development of our human civilization and destiny!
I would start to sell off all US investments on rebound (if any) and if the US market doesn't rebound, I would still sell off all US investments so as to cut losses! The gross and disgusting evil Bailout Plan makes me sick!
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