Some might say the market had a scary close yesterday erasing most of these sessions gains late in the day...might make you a little nervous to come in long today right? Never fear with team Obama running (gunning) the markets. At around 7 PM central time last night the White House announced that they are going to announce some housing assistance program today, which will for sure mean more money for the morons who over leveraged and you and me have to keep making our regular payments, so for some reason the market likes this and the futures just start rallying. Of course lets remember where the money for Obamas latest bailout is going to come from...thin air!!! A day does not go by where he does not announce more spending we cant afford....Why the market rallys on this you ask? You know why...I suspect this mornings gains will evaporate rather quickly as people are beginning to understand the true danger of the fiscal situation we are in and that this administration seems hellbent on putting us in a continually worse situation.
So for all you people out there who reached a little to far, bought a little to much house - congrats - your life is about to get a little easier, mine?? the same.
JB
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for some reason at 5AM (2AM vegas time), i just finished watching Alvin and the Chipmunks - hilarious btw - after doing nothing except driving back to queens from monsey tonight and i decided it'd be a good idea to check out ur blog. not sure what day this is from, but its pretty funny. you have good points. maybe you should point some liberals in the right directions.
ReplyDeleteBOO OBAMA!
next time i vote, i'm going to choose option that lets you fill in your own name... and ill write yours :) i know im the best sis in law u couldve asked for hehehehe
- EB