DJIA rallying in the final hour? Up 216 at the moment......

It was up almost 200 until shit-fer-brains started talking.

Dupe.

Dries up.

http://finance.yahoo.com/marketupdate/overview?u

The stock market surges near session highs as a CNBC reporter reports the government may be planning to to solve the current financial termoil using the a method similar to the 1980s savings and loan crisis.

CNBC's Gasparino reports his Wall Street sources say that Treasury Secretary Paulson is talking about a Resolution Trust Corporation-type solution to the current crisis. The RTC was created during the savings and loan crisis of the 80s.

Every single time we reach a critical mass point, Stammerin' Hank or one of the other Men Who Would Be Gods trots out some new Spin, Scheme, Rumor, or other Magical Tool to get the Hot Money Flowing.

How much longer are people going to keep falling for this?

They create the Crisis, and then try to ride in with a "Solution" as your "Saviors."

Main Street needs to stop Listening to Wall Street and consider LYNCHING them instead.

Wall Street is going to SAVE THEMSELVES.

And Main Street is going to PAY THE BILL.

And I am sure that DU's usual Castigation Squad and Hyperbole Police will be out in FULL FORCE tonight, telling us how another Magical Happy Print "Sedate The Sheep Session" has ONCE AGIAN, Saved Us All.

NOTHING. HAS. CHANGED.

And this latest bullshit rumor, even if it becomes a reality, will not change anything either.

The system needs to be REBUILT and REFORMED.

Not Re-Cycled for more of the same.

serious... (and I hope I am wrong)

hyperventilating, the PPT is about ready to pass out.

Rumors of an RTC-type solution floating.

Nan desu ka?

I haven't invested anything in the stock market since the crash of 1987. I decided to try investing in stock and I lost $5,000 which was all my savings at the time. The company I invested in went into Chapter 11 and then Chapter 7 after that crash and the stock became worthless. When I was a kid back in the 1950s and 60s, no one it seems invested in stocks. My neighbors didn't, nor did any members of my family on either side. In that time, people got cheap insurance, they got pensions when they retired, and they collected their social security check. I truly dislike a society where everyone has to be an enterpreneur of their own life, where your life is like a business, and where the rug can be pulled out from under you at any moment. I hate living in a society where everyone is expected to have to invest in order to survive, with all the risk that entails in a volatile economic system. That wasn't the society I grew up in but it seems to be the way things are now.

frankly, it's a pretty small return if you ask me.

so what happens tomorrow or worse yet, monday when it goes back down?

they going to pump more play money in?