Comments on: Congress Rejects Bailout Plan http://www.economyguy.com/congress-rejects-bailout-plan/ Economic News For Everybody....by Tom Harvey and Cyrus Uible Thu, 09 Feb 2012 03:08:35 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: David http://www.economyguy.com/congress-rejects-bailout-plan/comment-page-1/#comment-480 David Thu, 25 Sep 2008 03:58:00 +0000 http://www.economyguy.com/congress-rejects-bailout-plan/#comment-480 I watched some of the Senate testimony by Paulson and Bernanke the last 2 days. The committee members were rightfully skeptical of an essentially blank check to bail out bad bets. Paulson sounded more desperate than normal and Bernanke looked tired and uninterested. I keep waiting for a limit down day on the Dow. We are due for one. Scary times. I had a conversation with someone today about the 4 G's. (Guns, Gasoline, Gold, and Groceries). It may be getting close to time to stock up just in case. I watched some of the Senate testimony by Paulson and Bernanke the last 2 days. The committee members were rightfully skeptical of an essentially blank check to bail out bad bets.

Paulson sounded more desperate than normal and Bernanke looked tired and uninterested.

I keep waiting for a limit down day on the Dow. We are due for one.

Scary times. I had a conversation with someone today about the 4 G’s. (Guns, Gasoline, Gold, and Groceries). It may be getting close to time to stock up just in case.

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