KOTCT

Castle Courtyard => General Discussion / Questions => Topic started by: longnine009 on July 15, 2008, 06:02:12 AM

Title: What now that depends on what
Post by: longnine009 on July 15, 2008, 06:02:12 AM

is is is your definition of an oxymoron.

WASHINGTON - President Bush said Tuesday the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac.

There's more and it's hilarious!

http://news.yahoo.com/s/ap/20080715/ap_on_go_pr_wh/bush;_ylt=Atn3jzoi8GEcLGlnW3e4qKys0NUE

Title: Re: What now that depends on what
Post by: scottishmoney on July 15, 2008, 08:09:28 AM

He sure did a wonderful job of reassuring investors, bank customers etc. today. :o

Oil tumbled because the demand forecast for the fall is very low, because the economy will tank and demand for oil will be low.

Meanwhile, notice that gold bucked the downward trend, and closes higher today.

George Jr. maybe confident, but he has his head up his bung.

Title: Re: What now that depends on what
Post by: longnine009 on July 15, 2008, 02:18:53 PM

Quote from: Scottishmoney on July 15, 2008, 08:09:28 AM

He sure did a wonderful job of reassuring investors, bank customers etc. today. :o

Bush is trying to sell wallstreet some magic beans. They not only know that trick but also the one where they buy  magic beans discounted into the 35th century.