MARCH 15 2011 2132 - JACKSONVILLE FL: It has been four days since a monterous 8.9, excuse me, 9.0 magnitude earthquake follow by a massive tsunami devestated Northern Japan. The images are still in the news, especially the images of a damaged nuclear power plant which appears to be on the verge of a meltdown.
As for me, I have been watching the stock market like a hawk. The damaged power plant was designed and built by General Electric, and I happen to own a few shares of their stock. From what I can see at this point, General Electric is not too deep in jeopardy, but I find it amazing to see just how many stock owners actually jump ship as soon as the deck seaman yells abandon ship.
Although the disaster in Japan has far surpassed crisis level, and the stock market is feeling the after shocks, I am a believe that General Electric, and indeed the entire market will bounce back even stronger than ever.
See, what the fearful are seeing is that there are explosions in the power plant, but what they are not seeing is the fact that the plant is still fighting back using the safety systems that General Electric built into the plant. They are not seeing that even though the reactors are experiencing casualties, the primary structure of the planet is remaining strong. They are not seeing that the safety features designed by General Electric is preventing massive qualtities of radiation from escaping into the atmosphere. There is some radition leaking, but when compared to other notable nuclear power plant mishaps, we are talking about a fraction of radiation that was released during the casualty at 3-Mile Island. Still, you can not discount fear, and with that thought in mind, it is OK by me for the fearful to dump their General Electric Stock. I am holding onto mine, and watching and the bear places his paw onto General Electric. See, I know that this is but a small bear, and there is a big bull standing by to butt General Electric back to where they belong.
I know there are people who think that I am stupid, and that I ought to bail out of the plane with them, and I may be stupid, but I believe that the ram air technique will be more than sufficient to restart the plane's engines, and when that happens, I will have the plane to myself. Yes, it is suicidal, but hell, if you are not ready to die then you are not truly living - said the man preparing to jump into the volcano.
In truth, only time will tell whose stratagy is the most sound. Will we all step up the to table and roll craps, or will the roll prove that the dice are loaded in my favor? Ain't no telling, pardon the grammer.
Since we are on the subject, let us all remember to pray for the people of Japan, as the after shocks of the earthquake are still being felt. The Japanese are a strong people, but even the strong need an occasional shoulder on which to lean.
Finally, let us ask this; what in the name of creation is going on with these earthquakes? Haiti was nearly wiped off the map less than 2 years ago, Chili was hit by an 8.8 Magnitude earthquake and severely damaged, Washington DC (yes, Washington DC) experienced an earthquake, Christ Church New Zealand, and now Japan. Let us never forget the Tsunami of 2004 that devastated Thailand, which many believe was caused by an earthquake of at least 8.0 magnitude. We are living in troubled times. Are the Myans correct? or, are we dealing with something even more sinister entirely? I don't know about you, but that is an aweful lot of massive earthquakes in less than a 7 year span of time. Just something to think about.
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