scheming daemons
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Thu Feb-05-09 02:37 PM
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If the Stimulus passes tonight.....watch the market tomorrow... |
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Edited on Thu Feb-05-09 02:38 PM by scheming daemons
It will have a VERY good day.
Despite what the GOP talkmeisters are saying... the business world, state governments, and the American people want this badly.
The market is up sharply today - despite bad job numbers this morning - as optimism about its passage has gone up.
The light at the end of the tunnel might be 9 months to a year away.... but there's a faint flickering there.
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bdamomma
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Thu Feb-05-09 02:38 PM
Response to Original message |
1. stop this McCain bill it will not help Americans |
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the repigs are pushing this.
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scheming daemons
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Thu Feb-05-09 02:40 PM
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3. It's not a McCain bill... quit being obtuse |
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85-90% of what is in there is what Obama wanted in there.
After it goes to committee and gets merged with the House bill, it will be a good product.
Don't be like the GOP and get all pissed about the 5% of this bill that is bad in spite of the rest of it that is good.
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bdamomma
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Thu Feb-05-09 02:51 PM
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5. excuse me but this bill does NOT do anything for the American people. |
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Edited on Thu Feb-05-09 02:53 PM by bdamomma
they are talking about tax cuts and defense spending (isn't that what got us into this trouble) and I really do not appreciate being called obtuse. Just my opinion.
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bdamomma
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Thu Feb-05-09 02:51 PM
Response to Reply #3 |
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Edited on Thu Feb-05-09 02:54 PM by bdamomma
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Ikonoklast
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Thu Feb-05-09 04:04 PM
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10. The McCain amendment is toast. |
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I think that is what you meant?
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DrDan
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Thu Feb-05-09 02:39 PM
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2. on the other hand . . . if the pigboy and the repigs succeed . . . |
Cronus Protagonist
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Thu Feb-05-09 02:44 PM
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4. Betcha ten bucks the market stays about the same |
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small rise or fall - nothing spectacular. The marketeers know this market is a pig in a poke and adding some pork won't change much.
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truedelphi
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Thu Feb-05-09 02:51 PM
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6. The stock market ususally goes up when the money to blow into the wind is available. |
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This bill might create some jobs and thus deserve the rise in the stock index, but the stock market went up with each installment of TARP being announced. And those programs were so pathetic.
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Double T
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Thu Feb-05-09 02:53 PM
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8. The market loves free rides and the stimulus is no different. |
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The stimulus is for wall street and the corporations and I'm sure there will be employment gains in China, India and the rest of Asia; remember our former factories, call centers and jobs are over THERE, NOT over HERE! Enjoy the short lived dead economy bounce.
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Swede Atlanta
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Thu Feb-05-09 03:56 PM
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9. Might be a slight bump.... |
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Remember if the Senate passes a version tonight, it will still go to Conference to resolve the differences between the House and Senate versions. Then the revised bill will have to go back to both houses to be passed again. Only then can it go to the President for signature. That will be when we get the big vote of confidence from The Street.
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DU
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Thu Apr 25th 2024, 08:13 AM
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