davidl on September 29th, 2008

Flash the stock market is adjusting, not crashing. As Michellle points out, today Dow drop did not crack the market’s all time top ten list in percentage of market share lose. Today’s stock market drop is a record point drop, but does not even crack the top 10 single-day percentage drops in American history We […]

Continue reading about Stop the Freeping Panic

Welcome, dear reader, to the most intense nightly read in the ‘sphere…  The Nightly Ramble…. Lots to cover today, as always and as dictated by events, most of it to do with the bailout which at this point (About 2pm eastern) is looking like it won’t pass.  so let’s get to it. Jerry Pournelle: Golden […]

Continue reading about Nightly Ramble:Bailout Mania And Minutiae; Take the Gloves Off, Senator; More

Eric Florack on September 29th, 2008

I’ll have much more on the bailout bill in tonight’s Ramble  but for now the thing is moving too fast for me to track.  Drudge and Memeorandum seem the best aggragators at the moment.

Continue reading about Bailout Fails to Pass; Market Down

Eric Florack on September 29th, 2008

The bailout bill is due up for a vote today. Lawmakers are supposed to be at it at 8 this morning, and the President is speaking this morning on the subject. I think I’ve found the best indicator possible in terms of the bailout bill being worthy of support: Dennis Kucinich is against it. As […]

Continue reading about The Single Most Dependable Indicator