WOW !!! Stocks Are Sexxxy Again... (Well at least for Today!)
U.S Stocks Gain Most Since 1930s On Bank Plan; Dow Gains 936.
13 OCT 2008, (Bloomberg)
Stock markets around the world flew upward like crazy today! It seems the thought of a world-wide plan/agreement this past weekend set some investors' minds at ease.
I don't know yet, though...
Is this really a sign of the "bottom" or is today just another day of speculators "betting" on a huge swing and being right for a change. If that latter is the case, then selloffs (and a further, lower bottom) will occur when the speculators take their huge profits.
I think I'll wait and see for a few more days before I jump back in and buy much more stock.
You might want to be a little cautious yourself, too !
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Ben Smith's Blog: Obama's Rescue Plan.
13 OCT 2008, (Politico)
I guess it's all in the timing and the audience, too.
A flip-flop and change in direction is apparently called for to get at the bigger chunk of populist votes in the middle.
How can Sen. Obama call Hillary Clinton's economic plan "disastrous" and then 6-months later adopt it pretty much as his own divine plan???
What ever plays to the crowd and makes a media splash headline or two, I suppose!
And so it goes...
Wake up America... we conservatives need to take the "lesser of the two evils"...
and that is NOT Sen. Obama as President !!!
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ABC News: Congressman's $121,000 Payoff To Alleged Mistress.
13 OCT 2008, (ABC News)
Uh Oh ! It looks like another Democrat Congressman from the State of Florida got caught with his.. uh, er... "hand" in the cookie jar... sex-wise that is.
Gosh, Another sexual affair with a staffer... how creative. At least there is a convenient and ready supply of staffers nearby for these arrogant congressmen to rely on.
Oh, and instead of resigning, he is hitting his reelection trail just a little bit harder! And his wife stands dutifully beside him...
THAT is a bunch of CRAP... she should kick his adulterous butt to the curb and get her a respectable husband... AFTER she takes the Congressman for all he's worth!
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