Liberty Reborn

Its time, once again, for me to taunt all the liberals in Congress and President Bush himself for telling us that the bailout plan was necessary to save the economy.  Yet every day since the markets have plummeted.

Today’s results were another tumble:

	NASDAQ	1645.12	-95.21	5.47%
	DJIA	8579.19	-678.91	7.33%
	S&P 500	909.92	-75.02	7.62%
	NASDAQ-100	1275.10	-55.51	4.17%
	NASDAQ-100 PMI	1354.63	24.63	1.85%
	NASDAQ-100 AHI	1277.64	2.54	0.20%
	Russell 1000	492.13	-40.05	7.53%
	Russell 2000	499.20	-47.37	8.67%
	FTSE All-World ex-US*	155.90	-6.54	4.03%
	FTSE RAFI 1000*	3537.61	-322.10	8.35%

source: Nasdaq.com

So, again, how’s that bailout thingy working out for ya?  Are we ready to try REAL solutions and not just throwing more money and more regulation at the situation?

Nah.  We’re stupid - as a nation that is.  And we’ll keep doing the same failed things over and over until we all wither and die on the vine.

The only question I have right now is when I get back from Aruba in a week as to whether the market will have hit 7,000 or not.

This entry was posted on Thursday, October 9th, 2008 at 2:37 pm and is filed under J.J. Jackson's Daily Opinion. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.