October 10, 2008

How's that Bailout working for you? - Part 2

Bailout effect on Dow Jones Industrial Average (click)
The medicine isn't working. Some are saying we need to take a bigger dose or add more meds. Others are recommending major surgery.

I think that the doctors are killing the patient. Can't socialism wait until Obama is elected?
The No Shit, Sherlock! award goes to President Bush for his elementary deduction today: anxiety is feeding market instability. Wasn't it President Bush that kept saying we were headed for catastrophe that could only be averted by a huge bailout when the old feeder told him he ought to be jawboning up investor confidence? That is the trouble with government; they just won't listen to me.

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