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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (134057)	3/21/2010 8:19:01 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 541860

"Most market people ... were expecting it to die a natural death" Yep; they didn't see the Great Collapse, either. For people with bad vision, they get paid a lot of bucks. Wait 'til peak oil smacks them upside the head.

To: Katelew who wrote (134057)	3/21/2010 9:19:30 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 541860

<<<Most market people don't like the fiscal implications of this bill and were expecting it to die a natural death, so my bet/guess is that they will be disappointed/mad and try to sell off the market.>>> According to the CBO the cost is $940 billion over 10 years. Even if you discount all the savings that is not going to move markets. Greece, bad housing numbers, Google in China, and double dip recession fears will more likely be reasons why the market goes down tomorrow.