Posted on 09/30/2008 7:17:54 AM PDT by andymin
Highlighting the gap between Main Street and Wall Street, the Rasmussen Consumer Index shows consumer confidence gaining a point on Tuesday morning. On the day after the economic "rescue" package failed in the House of Representatives and the stock market fell 800 points, the Index shows that consumer confidence rose for the third straight day to 70.4--the highest level of the past week.
(Excerpt) Read more at rs6.net ...
Nope. Can’t be. We’re doomed! Doomed!!!
Do you mean that the “Sky isn’t falling”? Never bought any stock, think I just might look into it! Sounds to me like a time to buy! Am I wrong????
FREE OUR FREE MARKETS!!!! NO BAILOUT!!!! Suspend mark to market, 3-year rolling average instead. FREE OUR FREE MARKETS! END ECONOMIC SOCIALISM NOW!!!! CAPITALISM WORKS!!!!! LET IT WORK!!!!!!!!!
It’s not over yet.
Many here on FR have said that this needs to get off the front page. I believe they are wrong.
For years many have clamored about moving tax day right before election day. What is happening right now is the next best thing. Pence correctly stated yesterday that the American public said no and the House echoed that vote. Isn't that what Representative government is all about.
You are not wrong. This has been a two-week LIE FEST in Washington. Wall Street tried their level best to gang up and tank the market to show their displeasure yesterday and all they could manage was a 6.8% decline? Good lord. That was a pathetic showing. And they couldn’t maintain it the very next morning! HAAAA!!! Buyer’s market! Go get you some!
That was kind of easy to predict. Let the market correct itself. Too many things are over-valued to begin with. Home prices are still above where they should be and by association the paper (aka gambling markers) that’s attached them.
Hahaha!
govt pukes should be happy we’re still only expressing ourselves with phones and email..count their lucky stars
I know, it’s easy to say that, but I was on the fence because I wasn’t sure if a depression was the best thing. Luckily, a depression might not come.
No kidding... I might as well.
Barack Obama is the only one who can save us!!!
/sarcasm
Market is tryig to survive inspite fo Dems. This is a ploy to get Americans to keep supporting bad loans and crdit cards to people who dont pay them anyway. Some jerk on fox financial just said we needed to do so the housing market can get going again. all this means is in a few months we will be back at the drawing board trying to get good credit for people that dont pay anyway. The Market is trying to hold its own. I think all this is happening becasue Barry was slipping in the polls before credit crisis and its beiing re inforced that economy is his strong suit. he is getting credit when he is mia. This should be McCains strong suit. it was in the debate. McCain can take this if he will fight for it.
What made pubbies give obama the economy issue. the dems are the ones screw things up and obama is mia.hope someone will tell me where i am wrong on this.
Sad thing about news reporting yesterday was that I don’t recall hearing any news saying it was 6.8%. Not that that is a “just” but... And of course that certainly wouldn’t cause as much drama as the other numbers they kept repeating.
No you’re right. You should position yourself to jump right before Wall street has it’s next terrorist demonstration.
suspend market to market and Congress. Pay them to stay home
The problem is trying to square it with McCain’s compulsion for compromise. We can help the House and Senate though, which is also important. As for McCain’s campaign, we’ll need to get the word out about BO’s ties to Fannie/Freddie/ACORN. God bless Governor Blunt of Missouri.
A depression might not come? You mean I might not die? Nice to hope so. =]
Yep...... DJI up 235 at 10:28 ET. Don’t know what the final daily outcome will be but investors are buying it seems.
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