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The bailout

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Oct 2, 2008 5:42 pm

What are your thoughts about the new proposal? I don’t think it’ll go through the house. Not enough in the last few days to change the minds of americans and thus, their senators.

Oct 2, 2008 5:46 pm

It is time to achieve liquidity in the lending markets. It must and will pass. If Joe American does not understand this point, it is too late to educate him. Up to now, negotiation on the final form was okay. Time for (all-knowing) technocrats to do the deed.

Oct 2, 2008 6:14 pm

Markets are skittish as hell right now on economic news, and uncertainty of the bailout (down 2.5-3% across the boards). 

I don’t want to think what’ll happen if they don’t pass the bill again. 

Oct 2, 2008 6:18 pm

I'm betting with Warren and just moved a big chunk of my own cash to equities. Keeping my clients more disciplined than myself, as always.

Oct 3, 2008 5:07 pm

Why does Nancy Pelosi keep talking?  Can’t someone shut her up so they can vote on this?

Oct 3, 2008 5:14 pm

102 to 38.

vote baby vote!

Oct 3, 2008 5:26 pm

Snags…Pelosi could not sell her book on the Book Tour so perhaps another way of her attempting to sell her book that is sitting in the publisher’s warehouse. And whoever said politicans were self-serving

Oct 3, 2008 5:33 pm

Nancy, Barney, Harry … count your blessings.

Oct 6, 2008 2:06 pm

VIX just hit above 50, down drops below 10,000.  Did we bailout the wrong country?