May 4, 2009 1 Comment
It’s a little early to be truly celebrating, I realize, but so far everything the Haters warned about has failed to materialize and just like with their economic programs, the economy has gone in exactly the opposite direction as they predicted. Funny how that works out.
so, uh, SUCK IT YOU REPUBLICAN FUCKS!
The Standard & Poor’s 500-stock index, a key gauge of the broader market and the benchmark for many investors’ index funds, erased all its 2009 losses just before the close.
Stocks catapulted higher following reports that government stress tests of major banks would offer more cause for cheer than fear about the health of the financial system. Investors also gleaned some hope from signs of improvement in the housing market and the construction industry. And jitters about a swine-flu pandemic seemed to be easing.
The S.&P. 500 jumped 29.72 points, or 3.4 percent, to close at 907.24 points on Monday. This jump finally gave the index a 2009 gain of 0.44 percent after a grinding start to the year.
In contrast, the Nasdaq composite index is up 11.8 percent since the beginning of January, buoyed by gains in technology companies. On Monday, the Nasdaq rose 44.36 points, or 2.6 percent, to 1,763.56.
The Dow Jones industrial average gained 214.33 points, or 2.6 percent, to 8,426.74. Still, the Dow remains down nearly 4 percent for the year to date.
Also, this week in my paycheck I noticed my Obama Tax Cut – that’s right, a TAX CUT TO THE MIDDLE CLASS YOU TEA PARTYING MORONS – an extra $15 A WEEK thanks to the fact that I make less than $200,000 per year.