Tuesday, September 30, 2008

Dow Jones Bounces


Well look at that. The Dow Jones bounces "on hopes the bail-out will be revived and central banks may cut rates." Me thinks it has less to do with the bail out and more to do with banks cutting interest rates. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3109618/Financial-crisis-Dow-Jones-bounces-on-renewed-bail-out-hopes.html

This is the cutting edge of the coup. If the price of oil drops and banks lower their interest rates when there is no bail out, then why on earth would taxpayers want to spend $700 billion to keep interest rates and the price of oil high? Oh the cunning plan of the evil one(s). Scare tactics of the rich and greedy.

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