Nuts!
>> I hope the market improves, but I could understand it falling further after the “Bail out” passed.
Sure, there are many reasons for the market to do what it does in the short term. Or, no reason at all.
Still...
The driveby media (and more than a few FReepers) were hyperventilating last Monday about how the house NOT supporting the bailout “Vaporized One Point Three TRILLION!!! Dollars In Wealth I Hope All You Bailout Foes Are Pleased With Yourself”. Remember?
Now, that the bailout is passed and signed — that same 1.3 trillion in “wealth” still appears to be “vaporized”. Yet, not a word from bailout proponents about how the bailout might be responsible. Or at least an admission that blaming the big drop on Monday on the lack of a bailout was perhaps incorrect.
That strikes me as somewhat intellectually dishonest.