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All work and no play this weekend for American and European leaders, and it looks like it might be paying off. Stocks are soaring this morning (cross your fingers that holds until the closing bell). The United States and Europe have coordinated a massive, multibillion-dollar rescue effort to shore up struggling banks and free up credit.
We’ll see if in Nevada this year “it’s still the economy, stupid.”
-- The Sun’s David McGrath Schwartz reports the dismal economy could help Jill Derby become the first Democrat to represent the rural 2nd Congressional District.
But the rally cry of change might not be enough to unseat the incumbent, Republican Rep. Dean Heller, according to a new poll showing he has the lead over Derby.
In the last two years, Heller has become somewhat of a “darling of the conservatives,” Schwartz and the Sun's Lisa Mascaro report.
-- The Reno Gazette-Journal has this story reporting an R-J poll: Poll shows Obama's lead shrinks in Nevada.
-- Phoebe Sweet reports the next president could decide the fate of Yucca Mountain.
So when the markets are up government intervention works, but when the market drops 2,400 points...silence?
Capitalism is dead.
The new world order; OLIGOPOLY
The best government money can buy!