It tried to bounce back. . .and actually went green there for a bit. S&P 500 is the one to watch. They better stop their pissing matches and resolve to come up with something.
I lost all my respect for Alan Greenspan, today. This country has been in a recession for well over a year. It will be in one for another decade with that 700 billion joke along with the deficit and the other 200 billion that went to bail out banks. Like I said, lets keep bailing out the banks (with our money) and then continue to pressure people to pay off their debts (with their money) so the banks can get out of the deal scot free. Then again, I am still reading. Apparently mortgages, auto loans and credit card debt will all qualify. Then we'll see how many credit card companies will "double dip." They'll accept the money on one side and pressure the consumer on the other side. This thing is a whole fricking nightmare in the process of happening.
Stay tuned. . .
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