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Posts Tagged ‘Economy’

-UPDATE-

It was down as much as 800 points today, but it ended here:

Dow Jones Industrial Average. DJIA (INDEX)

9,955.50, Change:-369.88,  -3.58%, Volume:391,456,801, 4:09pm, 10/06/2008

-UPDATE-

Dow Jones Industrial Average. DJIA (INDEX)

9,763.07, Change: -562.31, -5.45%,   Volume:190,611,619,  1:37pm, 10/06/2008

This is “Fun”?

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-UPDATE-

HERE IS THE VOTE TALLY. The bill is labeled the “Paul Wellstone Mental Health and Addiction Equity Act of 2007”, because as is often the case, it was added to another bill already up for floor vote.  It will now go back to the House, for a re-vote, in it’s modified form.

 

I can’t get the tally yet, but reports are that the Bailout bill just passed 74 in favor. 

I Own My Vote, PUMA, The Denver Group, Just Say No Deal

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I think I might know some of this economy stuff! (more…)

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-UPDATE-

HERE IS THE HOUSE ROLL CALL TALLY.

 

There you have it for today:

I tried to get on line to the House site and the server is busy. It’s been that way all morning with various the Representative’s web sites, like Waxman, for example. When it cools down a little I’ll pull out the vote count, so we can all see who voted yea or nay. (more…)

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It probably still won’t happen before Monday, but they are working on it. What do you know! McCain does appear to be operating to get the third choice; not Bush’s, and not Obama’s or the Democrats: (more…)

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Economic Bailout

They said they would be working through the weekend. I checked today, Saturday, at 3:00 PM PT.  H.R.2638”, “Making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2008, and for other purposes”, had passed. No other Nay or Yey votes so far. (more…)

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A funny thing happened on the way to the debate. Some guy name Paulson told some other folks that life as we know it was about to come to an end, and pretty soon, with no credit, we’d all be back to the barter system or the gold standard or some darn thing.

Folks was gonna be living hand to mouth and lucky to have a job, and forget livin’ to be old, ‘cause you know, we’d probably starve by then with no 401K. So Paulson told some people called senators all about this, and boy! Was there a stir! So them senators got together and figured a senator’s gotta do, what a senator’s gotta do! You know, the thing they got hired to do in the first place, cogitate and say Yea! Or Nay!

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It’s the Economy Stupid!

U.S. stocks slammed; Dow industrials shed 504 points

By Kate Gibson

Last update: 4:13 p.m. EDT Sept. 15, 2008

NEW YORK (MarketWatch) — U.S. stocks tanked on Monday, with the Dow Jones Industrial Average hit with its worst point and percentage drop in nearly seven years after Lehman Brothers Holdings Inc. filed for bankruptcy and insurance giant American International Group Inc. scurried to raise capital even as its market value was axed by distraught investors. The Dow Jones Industrial Average [: $indu] plunged 504.48 points, or 4.4%, to 10,917.51. The S&P 500 ($SPX:

http://www.marketwatch.com/news/story/dow-plunges-500-points-its/story.aspx?guid=%7B7483FC20%2DF280%2D4B07%2DBD92%2D38DD4485C614%7D&siteid=bnbh

 

Black Monday: FTSE plunges 212 points as global markets tumble following Lehman collapse

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