Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $42,690
52%  
Woo hoo!! And now only $240 to reach 53%!! Thank you all very much!! God bless.

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  • Stocks jump as Bernanke says economy near recovery (Mega Barf Alert!)

    08/21/2009 1:25:37 PM PDT · by AngelesCrestHighway · 40 replies · 977+ views
    YahooNews ^ | 08/21/09 | SARA LEPRO
    NEW YORK – Federal Reserve Chairman Ben Bernanke has told investors what they want to hear: The economy is indeed on the verge of recovery. And investors have responded Friday by enthusiastically buying stocks. Major stock indicators have all surged more than 1 percent and hit new highs for the year. And Treasury prices have tumbled and pushed yields sharply higher, as investors no longer felt they needed the safety of government debt. Bernanke told a Fed conference, "the prospects for a return to growth in the near term appear good." That sent the Dow Jones industrials soaring 155 points...