[Sleeping Freeper]

Futures shot UP on the news. It baffles me.

[BurbankKarl]

They are probably sticking it to the short sellers.

[JasonC]

A big bailout is better than a huge default.

GM and Ford are next. Both are near death at this moment, with their bonds trading like junk and their stocks nearly worthless.

[autumnraine]

I can’t figure out anymore why futures keep going up. Futures go up because of tensions with Iran, futures go up when we discover Iran is bluffing in the stupidest way. I don’t think there is rhyme or reason to it anymore.

[charles m]

Futures shot UP on the news. It baffles me.

Futures go up because we are bailing these companies out, which means more INFLATION. Dollar inflation means higher oil futures and gold as hedges. This has nothing to do with Iran and everything to do with the devaluation of our currency from Fed policies.

[rolling_stone]

Futures shot UP on the news. It baffles me.

Equity traders rode the short bus, watch the bonds, they don't like it, interest rates going up with bailout. If Paulson and Bernanke continue with their follies the US is in deep doo doo. The only thing they are doing is delaying the inevitable and making it much worse when it comes. The dollar will be demolished.

I guess when things get bad enough regular folks will figure out we still have the best government money can buy and they will do something about it. The Federal Reserve and Congress got us in this mess and they are only looking out for themselves not us. Right now Paulson and Bernankle are telling the commoners to "eat cake". I am disgusted with our supposed "leadership" they are either incompetent, stupid or corrupt and I'm leaving towards all three.

Frank and Dodds haven't done crap for five years other than collect contributions from banks and get us into this mess, why are they still being listened too?

[iThinkBig]

The risk was just officially secured by We the People through Treasury. Investors don’t care about moral hazards, they care about risk. This isn’t right that risk is being passed onto the taxpayer, I am just answering your statement about it going up. Now how much risk is being passed has not been answered, we’ll have to see how this thing develops. In general, I will buy real-estate in December, hold it and rent it for at least five years.

Also, accelerating my small business ventures in consumer healthcare and higher ed. Gold is a good hedge but not in the ‘it’s going to ten trillion camp’. More like 1,100 in the short-term and 1,500 in the mid-term before it begins reversing direction. Besides some bullion coins for worst case scenerio’s having Ft. Knox in your house would be a waste of time.