Muzie

Relief Rally Likely in Wake of Bailout Legislation

"$1.1 Trillion in lost market cap today .. so the arguing over a $700 billion package /loan cost the country an extra $400 billion on top of the $700 billion we needed . "

What a bullshit argument.

So if the market climbs back up 8% next week did the 1.1T$ "reappear" out of thin air? And the next week it goes down, it's gone again? And so forth? Look at how well the SEC added trillions to our nation's "wealth" when it banned the shorts - does that count too?

Anyone basing daily market gyrations has arguments for the bailout is a moron. If the bailout package is signed this is 4000$ REAL MONEY, taxed now or in the future. Not some bullshit spinning of electronic stock tickers based on skittish traders throwing their fists on the eject button.