Breaking New - We're Gonna Be OK. Wall Street Says So...

[Frustratedlady]

Breaking News from ABCNEWS.com:

WALL STREET RALLIES ON HOPES THAT WORST IS OVER FOR SUBPRIME LOSSES; DOW CLOSES UP 391 POINTS

http://ts.go.com/bk?bs=1&bj=29834892&bu=51935628&bt=144904936

[easy_b94]

1. Yes whoo hoooo..Wait I am still broke

[Frustratedlady]

4. Just give it a few days to trickle down....

You're too impatient. :bounce: As soon as they fill their pockets, we peons will get the crumbs. Be patient.

[uponit7771]

8. heh heh

[Hart2008]

9. Right! If you sleep on the street some repuke will surely trickle on you. n/t

[DJ13]

2. Volume wasnt very good

Just (another) Bernanke/Paulson fueled bear market rally.

[donheld]

3. Praise The Lord!!!!!1!!!

I always rest assured Wall Street will never let us down. :eyes: Now that's an april fool.

[calico1]

5. Well if Wall Street says so....

But what about Bear Stearns? What do they have to say?

:eyes:

[PATRICK]

6. Did anyone notice the typical Bush response?

Take advantage of the disaster to offer more deregulation. This typical post 9/11 style brand of response, based on disaster economics seems to have an obvious, which means largely unreported, goal.

Give the offenders on the ropes MORE money and monopoly but this time under under the executive imperial aegis and quickly pave the way to subdue accountability reports at least until November and hence stave off the justified reactions and refinancing. It is the Patriot Act of the markets. More horrendous details are coming to light daily because a civil right is an ephemeral thing to whisk away compared to someone's money.

One hopes that the relative stupid silence regarding this bold horror, this absurdity springing from crisis and fear, means this new Trojan Horse culled from Bushes herd of wooden hobby horses, is DOA and will not be brought into the gates. it is however, an absolutely consistent warning of what follows if this administration is not only changed, but repudiated in every single way one can possibly imagine.

When is the MSM going to stop treating every assault on America by this faux presidency as legitimate and
at face value as determined by the shine of the hollow crown?

[moondust]

7. Who woulda guessed?

They've manipulated interest rates down to almost nothing. They always get whatever they want from the Pukes. Now watch the profit-taking.