Tuesday, September 30, 2008

  1. Yesterday Congress votes on a bailout, that ultimately fails. Markets Drops.

    Today they take the day off and do nothing. Market regains almost half of what it lost yesterday.

    Coincidence?

    I think not!

    And besides, if the congress critters don’t do anything, I won’t have to worry about a huge increase in my taxes.

    At least not until Obama takes the oath of office.

    Posted by Michael J. Cheaney on September 30, 2008 at 1721 hrs


  2. The pro-bailout crowd believed the market came back because a new vote on the bill was in the offing. Whether that is true or not, who knows.

    But if you’re against the bailout bill, you better get on your phones to you Senators and Reps, since the Senate is going to vote for this thing tomorrow night (just announced)

    So once both McCain and Obama vote “Yes” and this thing passes, the House will have a hard time holding out on Thursday and Friday.

    Posted by .(JavaScript must be enabled to view this email address) on September 30, 2008 at 1919 hrs


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