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Wednesday, March 18, 2009

Nikkei Opens Higher On Thursday

The talk is a newly announced Fed move to pump into the economy $1 trillion. The move includes buying up treasuries.

Call it what it is, another massive corporate bailout.

Reuters: Nikkei edges up 0.3 percent as Fed move buoys banks

3 comments:

Glynn Kalara said...

It's more trickle down from what I can see. Even the Dems. can't get themselves free of this false ideology and seem to believe propping up failed Institutions makes sense for some reason. Don't they understand the law of inertial motion?

Jim Sande said...

I have come to the conclusion that nothing is going to change in this country ever. We are idiots. Its like when at first you don't succeed, keep trying to not succeed.

Glynn Kalara said...

Einstein's definition of Insanity now kicks in "I paraphrase it here. "Doing the same thing over and over and expecting a different result."