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And, yes, I DO take it personally: Bush's negative stimulus package
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Friday, January 18, 2008

Bush's negative stimulus package

is it any wonder the stock market isn't impressed with bush's plan...? all he's proposing is an increase in an already out-of-control federal debt by printing still more increasingly worthless paper...
Wall Street resumed its downward trek Friday as skittish investors, unable to hold on to much optimism about the economy, drew little comfort from President Bush's stimulus plan.

Investors had already pulled back from a big early gain, with the major indexes trading mixed as Bush began to speak. By the time the president finished announcing a plan for about $145 billion worth of tax relief, the indexes were well into negative territory.

"It's disappointed in the size of the economic growth package. Wall Street's showing its displeasure," said Kim Caughey, equity research analyst at Fort Pitt Capital Group in Pittsburgh. "Honestly, I think the institutional investors understand the limits to the government's ability to enact economic change."

seriously... it may be time to liquidate and move your u.s. dollars into something more stable...

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