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Re: Myself °¿° post# 2635

Thursday, 09/25/2008 2:40:03 PM

Thursday, September 25, 2008 2:40:03 PM

Post# of 4839
its up for review by the treasury this afternoon. no announcement about it until after the close I think. worry might scare the market back down a bit.

Treasury won't be happy with it because its coming in installments, 250billion first and executive pay is capped. But if the Treasury doesn't like it and refuses then it will look like it wasn't so urgent then. Stalemate will crash the markets and the all this was to make the markets happy.

President is in the same pickle, can't veto it, might be able to line out a few items, maybe, but Congress might put them back in. Will be crazy tomorrow. Maybe a vote tomorrow before the weekend or by Monday.

The installment part won't make the market happy. The will take what they can get but not rally a bit because of it. But not like it would have with $700bill.

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