by Joel
September 29, 2008
As I write this, the $700 billion bailout plan has failed and the DJIA has closed down over 656 points, or 5.89%. At one point, the Dow was down 738 points, the largest intra-day drop in history. Yesterday, I wouldn’t have believed it. The headlines indicated that after a weekend of negotiations, a compromise was [...]
by Joel
September 28, 2008
Both candidates’ understanding of the economy does not inspire confidence. However, in matters of foreign policy, McCain gets it. Many members of the MSM are calling the first presidential debate on Friday night more or less a tie (Fox, NYT, Washington Post, WSJ). I tend to agree. Whereas, Obama did well in the debate on [...]