Friday, January 11, 2008

Weekly News

Good Morning,

I decided on Friday I'm gonna do a weekly news statement......

Yesterday, (Thursday) Bank of America decided to buy out stocks on Countrywide to help with their mortgage woes. If that wouldn't have happened countrywide would have declared Bankruptcy by Monday. When are these big companies going to learn?

The Stock market rallied more than 100 points on Thursday after the countrywide announcement followed by bernanke's rambles.

President of Pakistan warned the US today that if US soldiers cross into Pakistan they'll be considered invaders. Perhaps we should remind him of the billions in aid we give him for his military. Pakistan is yet another screw job creation of the US and its crappy Foreign policy.

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