It's as if the media suddenly noticed something that's been all over the Internet for the past 18 months.
It's starting to feel like 1932.
One guy's predicting a Dow of about 1,500.
A warning to get out of the markets.
Understand what this means? I hope so, because I don't have the fortitude to discuss it.
* * *
Illinois is in the shitter. The state is currently #1 for deficit and debt, even beating out California.
Illinois politics are dominated by Chicago, which has been a Democrat machine city since 241 AD. Their spending habits are dominated by the "we can always raise taxes" mindset, which won't work any longer because taxes are already too damn high. End result: the public sector retirees are going to find themselves without pensions in relatively short order.
I don't have the fortitude to go on with this topic, either.
* * *
Why am I wimping out so much? Well....
After having a grand day yesterday I think my subconscious didn't want it to end, because I absolutely could not get to sleep last night. I was exhausted; I hit the sack at around 2 AM and proceeded to toss and turn until 5 AM. Xanax at 3 only made me groggy; finally about 4:30 I took a dose of NyQuil, and I was asleep by 5.
Xanax always knocks me out; WTF.
Anyway, I'm still tired, and all I can think about doing is crawling back into bed and getting some more sleep...and I can't think of a single reason not to. So that's what I'm going to do.