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Author Topic: House votes on bailout bill - TAKE 2  (Read 371 times)
Abraxas
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« Reply #15 on: October 04, 2008, 06:08:35 PM »

Could you explain that?

neo said cause traders don't think it will do much, but then why did the DOW plummet 400 points when it was vetoed the first time? Furthermore, why was the DOW up 250 before the bill was voted on... and down 200 after it finally passed?
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« Reply #16 on: October 05, 2008, 04:49:14 PM »

The traders already knew it was going to pass on the day the market bumped up app. 450pts.

That was the effect of the bill that was going to pass in the next 48hrs....people who get their news and intel from the MSM are always behind
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« Reply #17 on: October 05, 2008, 06:45:41 PM »

I found this hilarious but true

http://www.ireport.com/docs/DOC-101911
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Abraxas
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« Reply #18 on: October 06, 2008, 09:21:21 AM »

 Shocked ... Oh my God!

The DOW is below 10,000!
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Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like its from Neptune.
- Noam Chomsky

... you can almost see the high water mark - that place where the wave finally broke and rolled back.
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« Reply #19 on: October 06, 2008, 09:36:09 AM »

Shocked ... Oh my God!

The DOW is below 10,000!

I sure am glad the "bailout" is working!
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« Reply #20 on: October 06, 2008, 10:29:02 AM »

Yeah John McCain must be really questioning himself now that he went for a bill filled with pork spending and it didn't even work. This guy has nothing to go on now.
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« Reply #21 on: October 06, 2008, 11:17:43 AM »

Obama voted against it?
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« Reply #22 on: October 06, 2008, 11:35:31 AM »

Yes he did vote for the bailout, but atleast he isn't running on a major platform that was against pork spending and this bill is the mother of all pork spending. Therefore McCain has absolutely nothing to run on now.
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« Reply #23 on: October 06, 2008, 02:01:53 PM »

Shocked ... Oh my God!

The DOW is below 10,000!

Let the market take its necessary dive...besides, there is still one large appreciate international market...credit default swaps are up 25% according the most recent Economist issue.
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