Posted on 03/06/2009 12:48:52 PM PST by hatfieldmccoy
Fed Ex has lost 20% of it's early week stock value in the last 48 hours. The package delivery business is taking a beating but Fed Ex is in free fall. Did the One announce a bailout for them?
If they’re intentionally tanking markets they have to find a way to blame it on Republicans - or better yet - the vast right wing conspiracy. Just tanking them will have a backlash. Then again maybe they’ll just go after the bankers - well, first the bankers. Then the stock brokers. Then the people who might have “talked down” the market. Lots of scapegoats out there.
With all the demonizing of bankers and "Wall Street", I suspect the vast majority of the (misinformed) public blames them for the crisis.
To date, in the public mind, Obama and his administration remain above it all.
All part of the plan. Kill all express delivery services so the USPS becomes the sole provider. the gov’t gets the money, can control the rates in a monopoly, and keep the masses employed.
Remember: $2BN to ACORN.
“I suspect the vast majority of the (misinformed) public blames them for the crisis”
The sheeple also do not know that almost all of the big banks and hedge funds were run by BIG-Time Democrat sup[porters, and that Democrats made A LOT of money off of them.
In New York, you just don’t get invited to the trendy A-list parties if you’re a Republican.
My sis, the social worker, still recites the mantra that "Democrats are for the little people", while "Republicans are for the rich".
None are so blind as those who will not see.
If they round up the bankers will we have the courage to defend them?
yeah, that's how I want my tax dollars spent...
Well, I have been. After all, who got left holding the bag after Freddie Mac and Fannie Mae sold off all those fraudulent mortgage derivatives?
But doing so has caught me a ration of crap from other FReepers. So, I don't know if they're going to have a lot of defenders...
Down another $1.37 today - closed at $34.28.
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