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A different view on the recent market turns

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posted on Oct, 2 2008 @ 09:39 PM
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Throughout the weekend of 09/27, we were bombarded with news stories that Pelosi was all but guaranteeing the passage of the horrendous bailout package. On Monday, as the votes were being cast, it appeared the bill might actually pass. The DOW dropped 777 pts. On Tuesday, with everyone knowing Congress was taking a holiday, and not doing anything, the DOW increased over 300 pt. On Wednesday the Senate announced their intention to pass a similar bill. The DOW dropped again, as it did on Thursday, with the passage of the bill.

It is painfully obvious to me that the markets agree, we are all much better off when Congress does nothing!




posted on Jun, 7 2009 @ 07:08 AM
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Hey Man! You were way ahead of your time with this post. Hopefully, with this bump some clever members will see what you saw back then.
I remember being incensed at the thought of a "bailout" while my husband went with the party line. "They've got to do something!" He said. Rubbish. And look at what it brought us.

Pelosi and her CIA comments are also being ignored. I guess its no big deal eh?



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