Friday, December 12, 2008

Wall Street to Reid: Cool Down

Senate Majority Leader Harry Reid was featured on every news channel last night, talking about how Wall Street would collapse this morning because the Senate rejected the auto bailout.

Well, the stock market was steady early this morning, and the Nasdaq was actually up around 8:00AM.

The White House just said it might step in to assist the car-makers, causing the market to move higher:

Goshdarn it, if there's one thing Americans should know by know, it's that whenever George W. Bush gets involved, efficiency, financial stability, and prosperity follow. Right? Right?

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