rucky
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Tue Sep-30-08 03:51 PM
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Maybe Yesterday Had To Happen The Way it Did |
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Lessons Learned from yesterday...
For those for the proposal: You rushed it. You didn't win the trust of the American People. If it had been forced to pass, there would be even less trust.
For those against the proposal: The economic danger is real. We need to address this as an emergency.
For those confused or unsure: You now have more time, and more people explaining why this is a good/bad thing.
For Congress: You can actually read and debate the plan you'll be voting on when it's reintroduced.
For Republicans: You have nothing to gain by pulling political stunts.
For Bush: You need us.
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On the Road
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Tue Sep-30-08 03:56 PM
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1. It Was Capitualtion on the Stock Market |
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it's generally considered that this kind of action is necessary for a bottom to be reached. There was a smaller one around the time of the Bear Stearns failure. Not saying this is a long-term bottom, but without more bad news, it may be a temporary one. Who knows any more?
I do agree that it probably put the fear of God into some fence-sitters.
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ben_meyers
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Tue Sep-30-08 04:00 PM
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2. And maybe today had to happen when the real market makers |
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scooped up the oversold "panic sellers" stocks.
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rucky
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Tue Sep-30-08 05:15 PM
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Wed May 08th 2024, 06:19 PM
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