At this point in time noboy is arguing on the belief that George Bush murder tens of thousand by fabricating lies to get into a war so that he would be re-elected.
the propagand machine is back to work through the use of Paulson
1) Last week he announces he is working with bankers on a plan.
2) Late last week he announces it may be as early as Wendsday for the unveiling
3) Early this week he states it will be later in the week.
4) Today he says it has all been worked out - Stay tune tomorrow.
4) Thursday in the afternoon he will unveil the plan.
Every one of these press speeches was design to rally the market at a time of day it could not fall back after people thought about what was said. Now he wants the plan unveil at a time the market is trading instead of the early hours. This way traders will rally the hype, hopefully the news will report the rally instead of explaining the plan. By 4:00 the pop becomes the seal of approval.
No man works this hard on a platform of propoganda whenhe has something real of value to sell.
WHY won't he just unveil the plan. Why all the hype desing to create a market buzz? If the stock moves a dollar on the propogand campaign, the reality of the plan means nothing to investors and it will be met with approval.
In the end it's all about reality. Whether it's a war started with lies or an economic plan of holes.
Tomorrow we find out - How stupid is the market?