Watching in the wrong direction... aren't they?

Maybe we all are looking in the wrong direction, and that is when something to really fear jumps out and gets you... cougars anyone?

Looking at my last morning post and seeing the cheering over the breaking the 10,000 point barrier on Wall Street - one would think all those investors had read what I wrote and went out and spent wildly trying to get those big bonuses that Congress is worried about. I know that the market is only displaying the price offered and accepted by the buyer and the seller. I am glad there is a resurgence of confidence in the Economy, and if you really know what that means and what I meant you are going to make money.

Congress is worried about big bonuses in high finance - they are looking in the wrong direction - they have a taxing power, which I think they abuse, but they can fix the big bonuses quickly - tax them away. But they are looking in the wrong direction, the government is bleeding in money being thrown around, debt climbing and money printed in excess of good sense (that last is way too easy for Congress to overlook). If their books were my family finances I would throw up my hands and go a little more crazy. I am responsible and wonder why Congress isn't, they do look like pigs at the feed, but that says bad things about the pigs and that wouldn't be nice of me. They are looking in the wrong direction.