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Bank of America and countrywide-from profit to losses

The stock market had a crazy ride today plummeting up to 800 points at one point and rallied back to only a minus 369 points. The psychological point of 10,000 has been shattered, and now it is hard to say which way the market will go tomorrow.  This is on the heels of the bailout.
What’s [...]

Why did some Democrats support the Fraud Bailout Bill

I don’t know if this is true but I did read it on the internet. Lol.  I get th feeling it is but check the link yourself to read the whole thing.  I guess with most everything, money motivates everybody to help make decisions.  Pelosi is no different.
Nancy Pelosi’s Stake
That the opposition party should bailout [...]

Stock market psychology broken

A real market meltdown happened today.  After the 3 stooges Bush, Bernanke, and Paulson got the  fraud bailout passed by both the House and Senate last Friday, a global stock sell off gained momentum over the weekend.  Is this a good or bad thing?  Most people would say bad since most people probably have some [...]

Stock market falls below 10,000 mark

Stocks are breaking down and the psychological floor has been broken for the DOW.  We haven’t seen these numbers since 4 years ago.  The bailout has been passed but it look like everyone is dumping their investment holdings.
I was watching a show last Sunday and remember hearing that people will get their 401k statements this [...]