Finally, some good news for the markets

Rayarena: There’s a blitzkrieg of Cuban tourism propaganda going on at the moment. You can always tell when the...
Ziva Sahl: Because the unkempt greasy looking mass murderer is just too sexy! There a sickness out there… why...
Ziva Sahl: Somehow the outrage never extends to Cubans, you know, those smiling happy dancing making music natives...
Carlos Eire: I bow to THE master, “el cirujano”, top stealth ninja counter-misinformation warrior in the...
George Moneo: Heh heh heh. Eire and Fontova revolviendo the you-know-what on this blog! It don’t get better...
Humberto Fontova: Oye pero la verdad que este Carlos Eire es TREMENDO jodedor! Engangandonos con el titulo y las pics...
FreedomForCuba: joe, I know you understand the MSM agenda but what I do not understand how you can vouch for John Q....

By George Moneo, on March 23, 2009, at 4:38 pm

Cigar Mike

March 23rd, 2009 at 5:34 PM

well another 505 points and Obama has broken even for the time being....
Ahhhh, finally the Dow wakes up! « The Daley Gator

March 23rd, 2009 at 5:41 PM

[...] Ahhhh, finally the Dow wakes up! Up 500 points! good news! [...]
Honey

March 23rd, 2009 at 5:58 PM

This is happening because Geithner is finally doing what should have been done in the first place. He is buying up the toxic assets.
Now if we could only stop the rest, the earmarks, the NON stimulus package, the socialized medicine, the card check, the fairness doctrine overturning, the cap and trade and the trillions of spending yet to come, the raiding of our retirement accounts to give things to illegals, the legalizing of illegals, and the tax increases and instead have lots of tax cuts, we might be okay eventually.
And if we could stop Hillary from destroying Israel and Obama from making overtures to enemies and ignoring friends....
Honey

March 24th, 2009 at 12:15 AM

I am going to amend what I said above. Gingrich was on tonight and made a better suggestion. He said these toxic assets should simply be put up for auction somehow in the private sector. Somebody will buy them at some price; and even if is too low, it is better than having the government involved in the business of our country. If we do it by having government buying them, favoritism is involved and corruption is inevitable. The market works too quickly and government is not structured to react that quickly.