Friday, February 27, 2009

OOPSIE (AKA thanks a lot Barry)

While we were sleeping (presumably), our brilliant leaders cooked up a way to nationalize Citipuke without actually "nationalizing" it, and here is what the market thinks as of 9:07 EST:



As Obama runs left as fast as he can under the pretext of a national emergency (gosh too bad he didn't spell that out in his two autobiographies) the health care stocks are in the process of resuming their crash.

Here's the healthcare spider IYH:



Oh, and did you hear that the government is taking over the student loan business? See what Sallie Mae shareholders think about that idea:



And on a personal note, HMO's are getting crushed this month, ostensibly on the idea that Medicare reimbursements are going down, and healthcare is headed for nationalization. Thanks Barry!!!

Here's Health Spring (HS)

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