Happy Time!

Even though the economy isn't my topic, I just want to let everyone know that the DOW went up 11% today gaining almost 1000 points throwing it back over 9000. This was the highest daily point gain for the DOW doubling the previous high. 

Does anyone think it's a coincidence that the banks which were part of this mess to begin with were closed today and the market did so well? I don't know if that makes sense to anyone, but I know what I'm trying to explain so just let me know what you think.

Post for week 10/03/08

Hi everyone, This friday was the first presidential debate. The debate started of quite respectful and tranquil but started to get more and more heated as it went on. The first about 40 minutes was covering the economic crisis going on in the United States and even though this was not supposed to be about the crisis the debate covered many important issues. As the debate went on there were numerous repeated comments from each of the presidents. John McCain said Obama's biggest problem was his expierence, as always. Barack Obama said that McCain has been agreeing with President Bush's wrong doings for 8 years now. This fierce battle went on until the last seconds of the debate where they had to stop both Obama and McCain from talking anymore. My opinions on the debate were that both candidates did very well but Obama truly spoke more crisp and organized. The second thing I truly realized from this debate is that McCain all of a sudden seperates himself from the man he has been for the last 8 years and more. He has agreed with Bush and his ideas and decisions and It annoys me that he doubts having done this. John you cant dodge the bullet, youve agreed with many of Bush's horrible decisions. Just admit it and move on.

Is it the economy stupid?

OOOkkaaay.
Nice Job on the blog entries everyone (er--almost everyone). Good to be reminded that the contest is about more than the economy, though hard to tell given the latest news coverage. Here's my question: What's up with the $700 billion dollar bail-out for Wall Street? Is this a clearly needed economic fix or a too sweet deal for greedy gamblers? What do the candidates say?