thank god for that bailout

[BlueWahooChambordDevil]

http://news.yahoo.com/s/ap/20081006/...ge/shaky_banks

[PVVikeFan]

And the Dow opened down this morning.
I'm sure R13 can explain why and tie it to the Bush administration.

It was his pet.

[sup-rbeast]

[censored] the bailout.

From his allies in England
"US President George W Bush has warned the US economy is at a "critical moment", and vowed to get his Wall Street rescue plan through Congress.

He said the consequences would be "painful and lasting" if the $700bn (£380bn) deal rejected by the US House of Representatives was not passed. "
http://news.bbc.co.uk/2/hi/americas/7644265.stm
You will note ,it does say his. [img]/LDPforum/ubbthreads/images/%%GRAEMLIN_URL%%/grin.gif[/img] And the Dow is down 500 at 11:00 AM. Looks like his record is still good ,correct again, just like the WMDs.

[sup-rbeast]

The Dow will continue to drop as every other country in the world tries to pass a bailout for their markets too. The best thing anyone could have done is let it all do whatever it was gonna do unaided and just deal with the consequences...

[BlueWahooChambordDevil]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: sup-rbeast</div><div class="ubbcode-body">The Dow will continue to drop as every other country in the world tries to pass a bailout for their markets too. The best thing anyone could have done is let it all do whatever it was gonna do unaided and just deal with the consequences... </div></div>
agreed

[sup-rbeast]

IMO, regardless of what we do, the world is headed for a recession and quite possibly depression...but, on the bright side, gas was 3.35 this mornin when I stopped to fill up. It's gonna hit the rich a hell of alot harder than it hits the poor if our economy does collapse tho...cuz we po folk already know how to live on nothing.

[BlueWahooChambordDevil]

gas is 3.05 here

[sup-rbeast]

Considering what gas has sold for here in recent weeks, 3.35 is a steal...