Whew..

Press Conference
Do you sometimes (often) wonder why the President's advisors ever let the Pres out for a Press Conference? I hate to say it, but this is the best person we can find to represent this country? The man can hardly put together a cogent sentence. I'm sorry, but if you vote for this guy come November, you need to reevaluate the value of the education you have received, because it can't be worth much.

Did you catch the glimpse of Condi and Card and Rove? They looked like they were suffering, especially Condi. I find it interesting that in all the photos of her you see, where she is unaware the camera is on her, she looks like she has been run over by a Mack truck. Perhaps she is just deep in thought trying to decipher what the Pres has just said - that would pop a blood vessel or two in the ol' noggin. Somehow I think the word of the day (see below) describes this Presidency. Wish I had something of a more profound nature to say, but after I suffer through an hour of such lucidity, I generally have a brain fart myself.

Money
You would have almost thought the markets had heard the Pres speak and then collapsed . Let's hope they weren't listening to closely, a vain hope, I'm sure. I expect the markets to tumble further tomorrow after that reassuring little chat. Looks like robust retail sales has led folks to think an interest rate hike might be coming - that is always bad news. Was nowhere to hide today - Gold went down, stocks went down, bonds went down. A few more days of this and we can rejoice - another buying opportunity! :)

Word of the Day
idiosyncratic adjective: Deviating from the customary: bizarre, cranky, curious, eccentric, erratic, freakish, odd, outlandish, peculiar Usage: "DiMarco, who putts with an idiosyncratic grip known as "the Claw", shot a bogey-free four-under-par 68.." or "As carmakers have used idiosyncratic design to drill into various niches — think of everything from the Mini Cooper to the Hummer — the task of teasing ... "

Quote of the Day
"The ultimate result of shielding men from the effects of folly is to fill the world with fools."
Herbert Spencer