Tuesday, September 23, 2008

Tuesday Morning

Investors have realized that the bail out plan is bad booty, its creating uncertainty.

There is one very simple criticism of the bail out plan that seems to ring the bell. Why would we trust the Bush administration with a trillion dollars to fix the economy when they have not demonstrated an ability to fix anything in eight years. In fact its just the opposite. This economy wrecking business is a result of the Bush administration - now they are going to fix - we don't think so.

We turn a trillion over to the Secretary of the Treasury from the Bush administration and without any oversight whatsoever, one person is tasked with saving the US and the world's economic future. Talk about putting lipstick on a pig, this is it. Do not accept this nonsense. Let your congressional leaders know what you think.

NYT: Stocks Fall in Europe and Asia
In London, the FTSE-100 dropped 2.6 percent by midday. The Dow Jones Euro Stoxx 50 Index, a benchmark for the euro region, shed 1.6 percen at midday. The CAC-40 lost 1.8 percent in Paris and the German DAX was off 1 percent in Frankfurt.

Stocks in Asia also fell in Tuesday trading...

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