
I don't get it. I just don't get it.
All we've heard about for two weeks is that if the bailout bill doesn't pass congress, and fast, we'll all be wishing we hadn't thrown away that refrigerator box.
Apparently the House didn't like the idea of spending $700 billion to save investment banks so they turned up their noses, crossed their arms and said, "no." Then the Senate got hold of the bill, added enough crap to it to bring the total up to $850 billion, passed it and sent it back to the House. The House's response, "NOW, THAT'S MORE LIKE IT!"
Hallelujah! ... Happy Days Are Here Again ... popping corks ... WOO HOO!
But wait a minute, what's up with the market? While the bill was being debated in the House, the Dow was up 300 points. After it passed, the Dow was down 157 points.
Erm, excuse me, what ...? I don't ...? Huh?