Stock Market up 416

[Jokerswild]

Stock Market rose 416 points on the governments loans to banks and financial institutions for bad loans as security. I wish the would give me money for the bad investments I made.

Stocks Boom on Fed's Bank Booster: Financial News - Yahoo! Finance

[screwballl]

if the bank gave bad loans based on credit only then they should have to pay for it out of their own pockets, not have the government bail them out of it.

[gvblake22]

Originally Posted by screwballl

if the bank gave bad loans based on credit only then they should have to pay for it out of their own pockets, not have the government bail them out of it.

I agree. If they do stuff like this, then where does it end?

[screwballl]

Stocks Fall a Day After Huge Rally: Financial News - Yahoo! Finance

According to preliminary calculations, the Dow fell 46.57, or 0.38 percent, to 12,110.24. It initially dipped, shot up more than 140 points, then dropped again. On Tuesday, the Dow surged 416 points, the blue chips' biggest one-day point gain since 2002.
Broader stock indicators also finished lower after a seesaw day. The Standard & Poor's 500 index fell 11.88, or 0.90 percent, to 1,308.77, and the Nasdaq composite index fell 11.89, or 0.53 percent, to 2,243.87.

So much for the kick up...

[Stormcrow]

You can pump as much money as you want into a system, but unless it can sustain itself independently without a constant supply train of cash covering it's costs it will eventually crumble.

RTS base building 101 FTW.

[Jokerswild]

Yea and if you print money to do it inflation starts.

[screwballl]

heh agreed... lose the constant source of income and everything else falls apart