The Market System is Working

A fall of 777 points today.  In Las Vegas, those 3 numbers mean winning a jackpot.  The consensus seems to be that the sky is falling.  I see that we experienced a sizable earthquake that has shaken all the financial experts to the core.  This is a meaningful signpost reflecting the readjustment of energy that will allow a meaningful correction to our system and set the way for a healthy reconstruction.  

Using the using the word 'bailout' turned off the ordinary citizens.  Now the world 'investment' is being used to change the psychology of thinking.  Also, the way the FDIC is taking over these large banks like Washington Mutual and today, Wachovia the fourth largest bank, is a big factor in creating the fear energy that is saturating the financial stock sector.  Look at National City Bank that went down over 60% today.  I will not be surprised if they are taken over by the FDIC this week.  After researching the timeline of Washington Mutual, there is reasonable doubt that the FDIC acted in an appropriate manner.  They have been acting in haste without foresight to the ripple effect to the financial system.  In my opinion, these actions are much more damaging to investor confidence than the House rejecting the $700 bailout and are leading the charge in fall of the stock market.

I think that there is more illusion and fear about our financial system than what is real.  So I am optimistic that we collectively can make a difference by acting in our integrity, reducing debt in order to be free from control of the system, and by investing where there are great opportunities.  Our country does have a strong backbone and we will weather through this.

Fed Investments

Based on the Fed deciding to 'loan' $85B to AIG today, and also own 79.9% of the firm does not compute.  It seems they now own the majority of the largest insurance company in the world, adding to their portfolio of FRE and FNM.  I can't imagine how much more debt they are exposed to with insurance liability along with being exposed to several trillion of mortgage guarantees. Is there a limit as to how much this country can create by printing money and still look 'stable' as the S & P recently determined? Is there an invisible line that we are close to crossing to the point of no return where the market will determine the direction of the financial system?  If so, that means the collective consciousness will have the power.  Thoughts to consider as we enter day 3 instability with the stock prices of the financial sector.

Big Bang

Did you hear about the successful experiment  on the Swiss border simulating how the universe was created called the 'Big Bang?'  It was a few days later when this energy hit our financial markets with Lehman going under and Merrill Lynch being rescued.  There is a ripple effect continuing to affect other banking and insurance companies.  The big ones are known, yet there are more in the subcurrents soon to surface.  I thought the U.S. stock market did well, absorbing the shock of the downfall of these institutions.  I was caught in the October 1987 crash , using margin, when the market lost 22% in one day.  Given only a 500 point drop, about 3%, all the hysteria, fear, and uncertainty, was quite contained.  So far resiliency seems strong. Yet the human condition is to act in emotional ways, so tomorrow may tell a different tale.

I look at life and reality using symbols to find the meaning or purpose to the experience or event.  And I am looking at the deterioration and failure of our big and mature financial companies to see what the big picture is.  We are overdue for a 'fall' given the republic has been around for over 200 years.  The last few years has been one of single focus on accumulation of money, real estate; all in the material arena.  It seems that the pendulum is swinging in the other direction now, taking away the material attachments.  Even Mother Nature is contributing to this through hurricanes.  Events seem to be running in parallel with each other, pointing in the same direction.  Perhaps it's time to shift life's perspective back to what is important; people and relationships.  When all the material is gone in one sudden change, what is left are those we care about.  Given what is happening at this time in evolution, we are out of balance.  It has reached a critical mass and change is being reflected in all aspects of our lives in a big way.