Been on a roller coaster lately? That was what the feeling was today,
watching the DOW Jones, plunge from 350 points to 620 points, then come down a bit, and finally settle at 777 points down, at the end of the day. Wheeee! The seven hundred billion dollar, bailout package was voted down today by the House of Representatives, when they needed ten or eleven additional votes to get the bill passed. two-thirds of the Democrats voted for the bill, the vote from the Republicans was 2-1 against the bill, the bill failed 228 to 205. The Markets overseas, started the early morning off, with Hong Kong having gone down yesterday, over 800 points. It is Tuesday in Japan, right now and the Japanese market has fallen 5% in early trading. Boys and girls, this is a global crisis, and getting worse. Banks in countries other than the U. S., are failing as well. Tomorrow and Wednesday, are Jewish holidays, and therefore the Jewish congressional members, won't be back in session until Thursday. I don't think the markets will be too happy in the next two days. The credit contrataction in tne economy, is starting to effect small businesses and large, payrolls are being held up, due to inacessible lines of credit. Worst of all recession looms around the corner.
Senator McCain decided to take credit for the bill passing, before they voted on the bill, and it failed. Reportedly, no one from McCain's state of Arizona, voted for the bill. Opps!
Governor Palin was parodied by Tina Faye, on Saturday Night Live,
and the similiarity was quite amazing. The dialogue was particularly
remarkable, since the words were almost exactly what the Governor said, during her tv interview. There appears to be some kind of disconnect between the questions Mrs. Palin, was asked and reality.
Republicans are starting to ask that Governor Palin take herself
off of the ticket or risk total devastation. The implosion is very near, me, myself thought, that McCain would have to remove her and replace her with anybody else, Mitt, Tom, whoever, as soon as Mccain announced her as his choice. It's starting to look like the choice for the Supreme Court judge by President Bush, who was thrown under the bus, by the president when she seemed, as though she had never, ever read a law book, let alone graduated law school.
The consensus is that Senator Obama won the debate on Friday evening, over Senator McCain, 46% to 34%. Obama now leads McCain 50% to 42% in the daily Gallup tracking poll.
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