Well, this economy looks screwed. The US government is actually going to start buying bank stocks for the first time since the Great Depression. What does that tell you? It tells me that the government is buying low to sell high.
It’s actually not a bad move as long as the companies that they are investing in don’t go bankrupt… Of course they won’t go bankrupt because the more money the company needs the more stock the government will buy. Then eventually the financial companies stock prices will right themselves, their stocks will increase, and the US government will sell them for profits.
That’s in a prefect world, but honestly, could it happen any other way? Not unless the whole financial model explodes. Stocks will eventually go up again and the government can wait 10 years to sell the stocks that they are buying today at at least 50% less than these stocks were a year ago. Not to bad federal government. Can I interest you in a Super Bowl Bet too?
In fact, I’ve been buying stock this whole week. Not a ton, but I just keep buying more every time the market goes down. So yes, I’ve been buying stock everyday. Am I worried that I’m going to lose all my money? Hell no. I’m not selling this stock for years and years, and just like the government, I can hold this stock until it’s profitable again.
Anyway, this was my ramble about the economy… Now back to football…
My NFL Sports Betting week 6 bets:
Indianapolis Colts -4Â – Indy isn’t the team that it’s been in the past, but I think that they should win this one at home.
Cleveland Browns +8 – On Monday night, I expect the Browns to cover against last year’s Super Bowl Champs… am I crazy?
Dallas Cowboys -5½ – they were early season favorites to win the super bowl for good reasons. they are a good team and will show it this weekend.
New England Patriots +5 – no Super Bowl for this team this year, but I think that they could cover and maybe even win this week.
That’s it. Book the Picks and remember us for all you Super Bowl Sports Betting information.
