Okay, this is going to be the first time I use this acronym on my blog: WTF? Last week when the House didn't pass the now well-known bailout - excuse me, rescue - bill, Wall Street responded with a down day. By 700 points, if I recall correctly. Well, last Friday the bailout - Dang it! Rescue! - bill passed. So how did Wall Street respond this time? Down even more!
I can only ask: WTF?
Isn't that what they wanted? Isn't the bill of goods we were sold was that this rescue - got it this time! -bill was supposed to fix things, not make things worse? So now I have to ask: Does anyone in D.C. know what the hell they are doing? See folks, this is why we have elections. You registered? Better find out fast!
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3 months ago