America, You Asked For It!

Political News and Commentary from the Right

How ’bout those bailouts?

#TCOT #diggconsbailout1

Boy, it sure is a good thing we’re throwing tax dollars at all these poorly run private companies.  Otherwise things might really be bad!

Seriously.  How can anyone look at data that’s been released and say this march toward Socialism is helping anything?

Wall Street tumbles

Stocks slump as weak retail sales and worries about the banking sector unnerve investors.

NEW YORK ( — Stocks tumbled Wednesday morning as a surprisingly weak retail sales report and further concern about the financial sector weighed on sentiment.

The Dow Jones industrial average (INDU) lost 300 points, or 3.6%, around an hour into the session, extending its five-session losing streak. The Standard & Poor’s 500 (SPX) index lost 3.3%. The Nasdaq composite (COMP) lost 3%.

…(Read full article)


January 14, 2009 Posted by | Economy | , , , | 1 Comment