Taking Apart the $819 billion Stimulus Package

The centerpiece of President Obama's domestic agenda is an $819 billion economic stimulus plan. The Senate will consider the measure this week, with an eye toward the amount of tax cuts and spending. Republicans and Democrats spar over what to consider a tax cut. An analysis by the nonpartisan Congressional Budget Office tallies the tax-cut portion to be significantly less than the one-third Democrats claim it to be

Premarkets

Markets are breaking the lower TL supports, obviously based on the premarket and oversea market actions -- continuing extremely pessimistic sentiment. Lower EW targets are now obvious as I noted before if and when markets regressively break supports.

Based on premarket, DOW 8000 is broken with gap-down and will be trading near at 7900+/- support and SPX 810 +/-.

Note) With massive job loss, many Americans would be cursing the bloody money makers hyping markets for short fortune with mass pain and suffering.

Globalism Casulaties: Capitalistic Globalism outcome: USA Bush NWO

American financial crisis is about malfunctioning Globalism casualty as Americans lose jobs and use all made-in-other-than-USA.

Unfortunately, most of money is mostly sucked into other big pockets if not careful such as fooled into ARM, over-spending, etc. Big fund power is having more fund power around the world, now, the world economy is at the big funds disposal because the big money has gotten huge, astronomical. Markets lost trillions meaning others made trillions to a fewer hands.