[lbo-talk] Wall St rallies at news of re-introduction of EFCA!!!

B. docile_body at yahoo.com
Wed Mar 11 11:17:51 PDT 2009


http://community.livejournal.com/ontd_political/2505136.html

Today, Wall Street rallied behind news that the Employee Free Choice Act legislation was re-introduced to Congress by Rep. George Miller and Sen. Tom Harkin.

Buoyed by the prospects of greater unionization pumping billions of dollars into the hands of consumers and providing broad economic benefits, the Street swung sharply upwards, with the Dow closing up more than 379 points.

At least, by the logic of the financial prognosticators on cable news, this would be a reasonable conclusion to draw.

http://mediamatters.org/items/200903070004



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