this market makes no sense

[david_mcmanus]

We've hit bottom! Buy now or be priced out forever!

[FreedomLover]

[WestSideBilly]

[rose-colored-coolaid]

[Charles Dean]

[david_mcmanus]

[rose-colored-coolaid]

[david_mcmanus]

Well, we'll all be dead from MRSA soon so what does it matter? Or SARS. Whatever happened to SARS?

[perfectfire]

SARS was awesome. I got to visit Korea on the cheap and at that point Korea hadn't had a single case of SARS.

[rose-colored-coolaid]

If you believe the news reports, the additional $20 B bailout for Citi spurred a 400 pt rally. So, why didn't the Fed's announcement today for an additional $800 B bailout to everyone cause a 16000 pt rally?

As the subject says, this market makes no sense.

[Charles Dean]

[rose-colored-coolaid]

[Charles Dean]

Frankly, that sounds like a madeup Limbaugh fact to me. Something that someone heard from somewhere who had a friend who know a guy who turned down a $20 an hour job at McDonald's because he wanted to still live in a shitty trailer and get $1000 a month for free. That makes sense.

It was my understanding that unemployment was not good down there, because the entire area was and is still a wasteland.

[david_mcmanus]

[Charles Dean]

People will take free money over working if they make the same amount either way. If they make more working, then they will work. At least the VERY high majority of people.

I think you can understand why I'm skeptical. It really doesn't make sense that a fast food restaurant would pay people that much and that people wouldn't take that job. FEMA was not giving people the equivalent of a $20 an hour salary.