Happy Fools With Money

Smart or smart-alec? You decide.

There it was --- all the signs that the stock market crash was going to come. Somehow the U.S. Treasury is feeling pretty bold, lucky...but not healthy. Just because the stock market crash has not happened just yet does NOT mean there will not be a "healthy adjustment" downward for many companies. And we begin this lesson this way: find five or six corporation you KNOW have done one particular thing to pad or improve their bottom line --- send jobs out of the USA. For sake of keeping things "fair", these countries can be any on earth, and it can be major manufacturers or minor ones, so long as they are "corporations" traded on one of the major stock exchanges in the United States. Those companies are going to find themselves in a world where the stockholders are suddenly forced --- RIGHTFULLY SO --- to look in the mirror. What the stockholders see when they finally look in that mirror may lead quite a few company leaders to be ousted out the door. See, the stockholders know that the CEO, CFO, COO and others who control the direction of these corporate operations can't make any more drastic labor cuts once they've sent the employment out of the U.S. And this will eventually lead to the end of shareholder profits going up...because these "leaders" all but demand the ability to continue making their goods "cheaper and cheaper" every year. And although they have accomplished this at the expense of Americans who used to have jobs, they're not going to be able to SELL those goods to AMERICANS!!!

What is that going to mean in the long run? An adjustment in the stock prices.

One question is --- who will be the happy fools with money?
Answer: those who sell off just in the nick of time before the stock they hold crashes and burns.

What must be answered --- but it's too early to tell yet --- is which companies will be so devastated by the stock losses that they're suddenly worth less on the market that they will be forced to CLOSE everything?

Some of these people have a long way to fall --- stockholders and upper corporate managers. And they will fall. Perhaps we'll be laughing at them, perhaps we will show a bit of compassion. It is too earty to tell how we will react to their "devastating plight" when they become homeless, yes, but it is certain that they didn't show compassion to the millions of employees they hurt, and the others impacted by their selfish decisions to allow the U.S. to become "a third world economy" over the past six or seven years.

I, for one, will be right there watching when the happy fools with money lose it all.