Showing posts with label Pelosi. Show all posts
Showing posts with label Pelosi. Show all posts

Saturday, September 24, 2011

STOCKS END LOWER THIS WEEK

The stock market rebounded slightly on Friday, but not enough to regain losses from earlier in the week.  I added some shares of Australia's largest telecom to my IRA account.  As it turned out, I could have saved nearly 10% by waiting until the end of this week, but it should all work out in the end. 

I don't put much stock in the new jobs stimulus program.  The only beneficiaries of the last stimulus were big banks and bank executives, who promptly paid themselves large bonuses.  I figure this program will prove more of the same.  So much for change in Washington, although I noticed from a CNBC article that Nancy Pelosi's net worth increase during the past year by over 50%.  Wonder how that happened?

Well, enough of that.  After work today I'm off to the Lake of the Ozarks for some much needed R&R.  Hope everyone has a great weekend!!!