Discussion in 'Stock Market' started by Truthmatters, Mar 23, 2009.
Because the American Taxpayer (that's you and me) is pumping trillions into the banking industry. Thanks Obama!
It just closed up over 500.
Yeah it would be horrible if the stimulus and bailout worked huh?
then you party would truely have nothing.
Bear Rally .....
Just make sure you tell your kids to tell their kids to tell their kids that they'll all be paying for this.
I know the Republicans are disappointed.
Yes, and I am betting that it will go down about 1,000 points tomorrow, when they figure out that private investors are not going to invest when the government writes the rules, this ain't over yet. I hope I am wrong for the benefit of all of us, but I sure can't get my hopes up with this liberal, socialistic President and congress.
Tell ya what........in the next 2 weeks, I'd be willing to bet that the Dow goes up over 8,000. Many of the economic people on the news today have been saying that one reason is because of the banks getting rid of their toxic assets.
Kinda like a bee sting actually. Once you remove the stinger (toxic assets), the swelling goes down quickly and you start to recover. Until then? Hurts like hell.
Correction: It will continue to hurt like hell for years to come because we are paying for it.
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