Profligacy Amok

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The looniness keeps out-loonying itself with every passing day. The $900 billion “stimulus” bill, the latest battleship full of free money, breezed through Congress and landed on the President’s desk. To everyone’s surprise, he didn’t sign it, but instead said that the life-changing $600 stipend that each citizen was going to get, he said it should be over three times that much. The market sold off quickly (red arrow). As you can see, the selling didn’t last.