The Dow's up over 9,800.  That's a fantastic rally over the last six months.  We must be coming out of recession, right?

Take a closer look at how many of these Blue Chip companies are meeting or exceeding their financial goals: by laying off workers.  Who, I'd like to know, will be able to actually buy your light bulbs or airplane engines, GE, if no one has any money?  How are people going to purchase those end cap items at Target and WalMart if they don't have a paycheck? And how are people going to buy houses or go out to eat without cash in their pockets?  With two-thirds of this economy tied to consumer spending, Wall Street's rally seems ridiculous. People need jobs.  Investors and analysts need to look beyond the next quarter if they want to see a sustainable recovery.  This isn't over yet, folks.  More people are going to be let go and have to make hard, hard financial choices if CEOs, Wall Street gurus and its investors don't start looking past the end of their noses -- if those noses haven't already been cut off, that is.