S&P/ASX 200 and All Ords surge on decisive Obama win

"AUSTRALIAN shares surged alongside Asian markets today after Barack Obama won the US presidential election."

Woo-hoooo!!! Even the stocks are happy. Way more interesting than yet another old guy.

S&P/ASX 200 and All Ords surge on decisive Obama win | The Australian

Government Action on Money Matters

Any government at the moment is in an invidious position. It is just not that easy to work out what to do because things are changing rapidly. They are not as they were and so the courses of action are hard to plot without considerable consultation and consideration and , of course,  no one has time at the moment. They just want it fixed. This whole money mess was a long time in the making and so it is not something which is going to be fixed that easily. Rich people in Russia are just plain losing their fortunes and the domino effect of those sub prime mortgages is  starting to be felt around the world. People are worried, they are frantic and they are losing patience at a time where a calm outlook is of the essence. We can contribute to the situation by being ill advised and reacting wildly. Tough money situations call for tough physical constitutions because they can run you right to the edge. It is better to be steady. The Government is not going to be able to solve everything. No government is because a lot of it is to do with how businesses , trade and financial institutions have been structured since Thatcher, really. A long time.Jobs are starting to go, things are starting to pull back and any government has to concern itself with the best options and they are not going to be able to fix it all nor fix anything too quickly and they know they will be blamed. It is important for us to know how we can help and what our best course of action is to help contribute to a safer journey through this crisis. We are still getting plenty of information about what is occurring but nowhere near enough information about how to help and that needs to be coming at us on almost a daily basis at the moment. The one thing I am grateful for is our journalists are getting right onto the immediate issues and getting them  out there and clarified for us so that we can at least think straight and that, I think, is helping us a lot.

Job Losses

We can tread this path of doom and gloom and get sucked into the black hole of poorly managed global finances and the rewards we, as normal citizens, will reap form their hair brained schemes or we can hang onto our hats, our dignity and our self respect and think our way  out of this. It might mean we have to consider others. It might mean we have to share. It might mean we have to co operate as a group. There must be ways of managing this so we are not all pushed to the wall. There must be a way of getting through this so we can all manage. Maybe part time work will help. Maybe changing the work day will help. We need to look at our options. I am not going to put up with the fear fest that is for sure. It serves absolutely no useful purpose.

Up yesterday, down today.

Image by publik18 via Flickr

Stocks are down again. So much for making money yesterday. We are trying to decide whether to have a hard or soft recession, apparently.  The trampoline fiscal management just doesn't work, does it? Da de da de dum..oops. Oh bugga. Down again. Gotta get up.

Baby Boomer Recruitment

Image via WikipediaWith share prices plummetting and mayhem on the financial market, the baby boomers might be getting jittery about their early retirement. They are people with a lot of expertise that we could still use and it's important for people to stay confident. As the share prices plummet, well, people are starting to create the helpful sites which will galvanise the baby boomers and seniors into action. help is there and opportunities are currently multiplying.If nothing else it's a good indication that our society can rally very quickly to our needs and that we are good at getting the information packaged and aimed at the right audience.It is important to see the light at the end of the tunnel!