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Tuesday, September 30, 2008

MAYBE THE SKY ISN'T FALLING AFTER ALL

At 10:30 the Dow is up over 225 points; NASDAQ about 51! Gold futures and bonds down.

11 comments:

  1. At 10:36, the Dow hit 260!

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  2. Congress should look at this and see there is no need for a bailout.
    If there truly was a dire need, the stock market would not be up on the day after they announce no deal.

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  3. We don't need a bailout. We need a depression to force a nice dose of reality down the throats of those condo-loving Baby Boomers. For decades, it's been all about YOU...now it can be all ON you. Vienna sausages, anyone?

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  4. Yo Anon 11:15, that's a mightly draconian view buddy. Have another dose of that dittohead Kool Aid.

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  5. The Dow moving up a bit today does not change the facts in the financial markets and the entire housing sector.....try taking oput a loan today or selling your house...we will have to work our way out of this mess for at least the next 5 years.....and anon 11:15 makes a valid point....who is running the country ...who created this debocle??? Baby Boomers...and before you come down on me..I am one....but I can clearly see our generations' excesses and the stark difference between ourselves and our fathers....we want it all...and we want it now...and we want it on credit.

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  6. Yo Anon 2:11, if you think 11:15 has a valid point you are either:

    1. Working the checkout at Walmart in hopes that in a year or two you can move up to produce.

    2. Doing well and feeling guilty.

    3. Full of shit and unemployed with nothing to do but post on blogs all day.

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  7. the sky is going to fall

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  8. 3:02 pm....his point about boomers is dead on...and while it is really none of your business, I am the retired Prsident of a national firm and living here on the shore..I am a Boomer but I have watched what the Boomers in Congress and the White House have done to this country over the last 20 years..and it's not anything to be proud of.

    We need a plan to stablize the financial markets...but need I remind you that it was government hat created the environment that allowed this situation to develop unchecked...being skeptical that government..particularly this President and Congress..will devise a good plan is waranted.

    If you cannot see that, then God help you.

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  9. Yo Anon 9:42, that would be number 3 right?

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  10. nope...only 2 posts if that is your point.

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  11. No smarty pants, #3 "Full of shit, unemployed with nothing to do but post on blogs all day.

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