Friday, October 03, 2008

OMG: $700 billion isn't enough?

This afternoon the Senate version of the $700 billion bailout bill passed the house....and at that moment the stock market decided the take it's 20o point gains for the day and slide them into about a 158 point loss.

What happened? I thought there was much need and interest in this package by Wall Street.....I thought that until I read this article titled - "Credit markets to Washington: Bailout isn't enough".

What is going on here folks....have we just been had?

Was all this a sham....made up to extract $700 billion from taxpayers? I don't believe it.....or as the article notes.....perhaps the mass population of people (read that majority) who thought the bailout was wrong....well, maybe they were actually right!

We shall see.....hopefully we are finding our way out of the the mean time, I'm thinking of investing in Mattress Makers......and perhaps coming up with a special patented design that remains comfortable being stuffed with greenbacks.

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Blogger Mabrook said...

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3:36 AM EDT  

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