But first... today's economic news
Let's see...
1. Stock market plummets
2. U.S. government announces bailout plan
3. Stock market recovers for one day
4. U.S. government admits that bailout may not help
5. Stock market plummets
6. Global banking industry announces bailout plan
7. Stock market recovers for one day
8. Global banking industry admits that bailout may not help
9. ???
I'm sticking with my prediction that the Dow will fall to 4,000 before this is over.
As for the U.S. government actually taking over the banks, liberals and conservatives should both be up in arms. Liberals because we want the banks legally annihilated, not propped back up to screw us again; and conservatives because it's OMG SOCIALISM and another uncalled-for expansion of government power.
1. Stock market plummets
2. U.S. government announces bailout plan
3. Stock market recovers for one day
4. U.S. government admits that bailout may not help
5. Stock market plummets
6. Global banking industry announces bailout plan
7. Stock market recovers for one day
8. Global banking industry admits that bailout may not help
9. ???
I'm sticking with my prediction that the Dow will fall to 4,000 before this is over.
As for the U.S. government actually taking over the banks, liberals and conservatives should both be up in arms. Liberals because we want the banks legally annihilated, not propped back up to screw us again; and conservatives because it's OMG SOCIALISM and another uncalled-for expansion of government power.