OAG
Thinks s/he gets paid by the post
They must be headed in the wrong direction, the cavalry that is!
I see anything above 11000 as froth on the latte. Honestly, I don't see this as a "down" market.
I predict it will be back to 14,000 within 6 months.
I think we already are.We could all be working for them.
I will bet a buck it won't. If I have a buck left by then.I predict it will be back to 14,000 within 6 months.
I vote for CybrMike!
I will bet a buck it won't. If I have a buck left by then.
But why would the democrats vote for this? They want to raise taxes. Wouldn't a short term stimulus package be counter productive if you want to raise taxes? I'm sure I'm missing something.You all probably know about this already, so I'm not going to start a new thread. But,
Bernanke Backs Stimulus Effort
WASHINGTON -- Federal Reserve Chairman Ben Bernanke endorsed a "quickly" implemented fiscal stimulus package, saying it would complement the Fed's efforts to provide monetary-policy insurance against an economic downturn.
The remarks came shortly after the White House said President Bush has decided that an economic stimulus package is needed to help the sagging economy. Mr. Bush has also agreed to delay his campaign to extend his signature tax cuts until after he and Congress negotiate an emergency package to jump-start the economy, according to a Republican familiar with internal White House deliberations. Mr. Bush will outline some of his plans Friday morning.
This is from Bernanke Backs Stimulus Effort - WSJ.com
Sounds like the cavalry is on the way!