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Random Noid Musings

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Bottom of the stock market… again??

The stock market rallied 7% across the board today.  This was a reaction towards the Geithner plan to buy toxic mortgages and a surprise bounce in the February housing sales number.

Dow
7,775.86
+497.48 (6.84%)

S&P 500
822.92
+54.38 (7.08%)

Nasdaq
1,555.77
+98.50 (6.76%)

It is really nice to see a continued rally, but I have my doubts that this is the bottom. They [...]

Ron Paul tired of bailouts and bonuses

Congressman Ron Paul weighs in on the the AIG bonus debacle.  He still points out the bailouts are even a bigger issue and has worse consequences.

Ron Paul video on AIG bailouts and bonuses
Why does it seem like there are very few people with common sense in the the government.  Please no more bailouts. [...]

Jon Stewart on Notorious AIG Bailout

This was funny. Hope you enjoy.

The Daily Show With Jon StewartM – Th 11p / 10c
The Notorious AIG

The Notorious AIG

Senator Chris Dodd supports the AIG bonuses!

It is pretty simple. No fraudulent bailouts mean no fraudulent bonuses will be paid out.  I hate the fact that Obama and his administration are grandstanding and saying they are upset when they are the ones responsible for setting the whole fraud bailout in the first place.  I expected this stuff from Bush, but so [...]