The stimulus package is pretty in pink and waiting for a date.
Wall St nonchalantly asked the stimulus out for a cup of coffee today just to see if the the two could get along. Tiny sparks were seen as the DOW rose a painless 50 points.
They launched into a flirtatious innuendo laced conversation while daddy got scolded by Congress. Dad's such an ass.
Anyhow, they agreed to meet again tomorrow and you know, see what happens. See if they can get along, and who knows.
The stimulus is willing to compromise, and Wall St likes have its way, so the two could really get along.
On the menu for tomorrow's date is oil and bank assets. Let's see if these two can mop it up.
Reuters: Wall Street up as lawmakers near stimulus deal
"The fact they were able to compromise was sufficient to get the market to take a breath after yesterday. That I think is what helped turn the market around."
3 comments:
I paraphrase Mae West here. "Is that a stimulus ( gun) in your pocket or are u just glad to see me?" We can only hope.
When I hear stimulus, I keep imagining vibrators. Or is it heart paddles on someone in cardiac arrest.
Here's what disturbs me. When Obama says he's either creating or "SAVING" jobs. In other words if you lost your job tuff. On the other hand if we can count on saving a job thats just as good. Triage here. I think many many people should start looking for another country to work and live....like MARS.
Like , I said I just cannot believe a lot of this $$ will just disappear into the hands of those people who already have the great jobs and benefits in the private economy or in the public. A friend of mine that works in a bank told me that you can get a loan from his bank tomorrow if you can prove you don't need one. In other words the banks are only loaning to no risk Enterprises or people. These klowns swing from loaning to anyone with a heart beat to only those with 10 mil. in the bank and a perfect credit score and a great job. Need a loan Dr.?
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