Jeff Mount's Page

Today is February 21, 2009. We currently stand at a level on the Dow Jones Industrial Average (an index of 30 of the largest companies in the US) that we have not seen in 12 years! Since the inauguration of Barack Obama, the Dow has slipped more than 10%. That happened in only 30 days! The unfortunate part of this slide is that the underlying fundamentals have shown signs of improvement. The TED spread (measures the health of the credit markets) sunk below the 1% level, which suggests that altho… Continue

Just before the election I was prepared to leave the Republican party. I was disgusted with the level of corrupt politics from both parties and was convinced that the answer was a total cleaning of both houses of government and a fresh start. Half of my wish came true.

My disgust with the Republican party hit it's peak when the vote on the "bailout" became a vote on the "rescue package". Although I was for the bailout the first time, primarily because I am in the financial services business and… Continue