The healthcare bill unveiled last week by the U.S. House of Representatives (with the full support of the Obama administration) is one of the worst pieces of legislation ever drafted.

The markets have been choppy over the last couple of days. This is hardly surprising, with one of the most bizarre quarters in living memory drawing to close. To say recent indicators are a “mixed bag” is an understatement Consider the following (hat tip, Dave Rosenberg, Gluskin Sheff):

Yesterday, the mainstream media whooped and shrieked over the tough sentence handed down to swindler Bernie Madoff. “Madoff got what he deserved,” wrote the columnists. “Mr Madoff’s crimes were extraordinarily evil,” said Judge Denny Chin, who also told the jury that Madoff’s pyramid scheme was “staggering” and “off the chart.”