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October 09, 2008

Dow Bouncing Between 700 and 500 Down; At Around 8660, Below 9000 For First Time Since 2003

I know what the majority of people want me to say: The Dow is falling because of the bailout!

So there, I said it.

I will not suggest at all that the reason the Dow is plummeting is that this crisis is precisely as serious as alleged.*

That would be wrong to say.

* Which is not to say that the bailout was the proper response, or is sufficient to stop a financial calamity. But yeah, it appears the crisis is very real.

Is Obama Depressing the Market? Since you guys brought it up.

posted by Ace at 04:03 PM

| Access Comments


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Racist, or Something \| Main \| Boehner Calls for Ban on Taxpayer Funds for Organized Criminal Family ACORN; Also, a Ban on Federal Officials or Office-Seekers Contracting ACORN for Its Dubious Services » October 09, 2008 Dow Bouncing Between 700 and 500 Down; At Around 8660, Below 9000 For First Time Since 2003 I know what the majority of people want me to say: The Dow is falling because* of the bailout!* So there, I said it. I will not suggest at all that the reason the Dow is plummeting is that this crisis is precisely as serious as alleged.* That would be wrong to say. * Which is not to say that the bailout was the proper response, or is sufficient to stop a financial calamity. But yeah, it appears the crisis is very real. Is Obama Depressing the Market? Since you guys brought it up. posted by Ace at 04:03 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Seems Legit: "How odd, I thought everyone understood that electr ..." rickb223 Gold & Silver Spot Prices [s][/b][/i][/u]: "You’d think they would’ve come up with ..." Commissar of Plenty and Lysenkoism in Solidarity with the Struggle : "MiG-29 has two sets of intakes Bonus hole. ..." It's me donna : "270 242 To be fair, Elon did advise that there isn ..." 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