Bank Plan Out, Dow Up

If you want to trust Wall Street, the politicians and the media, go ahead. Remember who got the money (yours, ours)the last time we trusted them.

Get your Politi-Facts Straight...

Politifacts: Rep. Mitch McConnell is Dead Wrong on Obama's Stimulus.

$326 Billion of the $787 billion cost of the stimulus is from [[Tax Cuts]], according to this report by Congress' Joint Committee on Taxation.

That is not generally considered "spending"

It was Unfair to say the Democrats "Spent" the entire $787 Billion in [[One Month]]

The spending will take place over the next [[7 Years]], with the Bulk of it coming not in the MONTH it was PASSED, or even this YEAR, but in..

[YEAR 2010]

I agree with Paul Krugman, this bank plan will not work. This will do nothing for the average person who is having a hard time paying down debt. If Obama thinks people are going to go out and spend he has another thing coming.

A lot of right-wingers were getting a lot of mileage out of trying to link Wall St. woes to the Obama administration's plans. Now that it looks like the toxic loans will be taken off the table let's see what happens.

When you hear news of Goldman Sachs saying they do not apologize for their gifts received from Bush's and Bush-appointed Henry Paulson (formerly of Goldman Sachs), just think of Cheney's "So" comment.

The arrogance of those sociopaths needs to be put in check and our 401K money returned! AIG paid Goldman Sachs first -- even before the taxpayers owning 80% of the company. They probably had to do this for safety reasons under the Bush mafia/regime.

Goldman Sachs received "approval" to turn itself into a bank under the Bush/Paulson mafia. This was so that Goldman Sachs could receive bailout bucks in addition to what AIG would soon be forced to pay them. The plan was to allow Goldman Sachs to double-dip. Government employees can't double-dip earned benefits, so why should Goldman Sachs double-dip our tax dollars AND our pensions/retirement/401Ks after their "bets" and "analysis" caused this financial crisis?!

These monsters are crooks to the core (Bush/Cheney/Goldman Sachs/Hank Paulson). Chris Cox is also culpable, but he was apparently a woos for the Bush's.

Cuomo best not punk out because this greed caused financial melt-down is not going to be forgotten. The message to all politicians is simple. Get our money back or you best be lookin' fer a new day-job.

When the printing presses start to roll after China gets very nervous about how much money Obama is borrowing we will have hyper-inflation. Blaming Bush won't solve that problem, or any other problem for that matter, will it?

The Dow is down by 50% since Fox Business News debuted. Coincidence? I think not...

wow, all those whiners are down to a wimper today...how refreshing...

The Obama administration does not take credit for the Dow when it's up or down. The Bush administration however, is eager to take credit for "keeping us safe" since September 11th but, won't take the blame for not keeping us safe that very day? Idiots!

pee brain:"So if Obama caused the market to rise then Obama caused the greatest stock market crash in history"

You are using an awfully odd definition of "greatest stock market crash" - care to share? By most rational definitions, it isn't possible to exceed the worst single day losses (due to 'circuit breaker' market closure points now), and we certainly have not seen the largest percentage drop since Obama taking office.

What are you talking about?

Good news--attributed to Obama

Bad news--blame it on Bush

The Obama administration/supporters will still be blaming Bush in 2012 when BO loses.

Big sell off tomorrow..Obama and george Soros was buying today

Through a few trillion at the Market your bounnd to get a bounce, just wait and watch what happens when we have to pay it all back. (You can't spend your way out of debt.) Duh.

We had a few huge days last fall, which then led to another 20% leg down. And we are still down nearly 50% from 14,000.

um, not so wow.

half my 401K is still GONE.

What a Great Day! Time will tell other Good News about the Housing today too Maybe President Obamas Plans are working After all. But the Republicans will never admit it!

sweet for wall street, not so sweet for main street

hope! change! more bubbles!

Well it is a large swing and probably will not hold up, ii times like this there is allways large swings up and down. It nice, though, to see a positive reaction. The bet is the public will buy into the program.

I wonder if today's rally was "false" money based on greed, or if it was the start of real wealth being built on his foundation?