18 September 2008

lemme see if i've got this straight...

the secretary of the US Treasury under the most unpopular President in 60 years, publicly announces "consideration" of creating another federal government agency, similar to the RTC that "handled" the Savings & Loan crisis of the 1980's, which would have to be enacted by legislation, thus requiring the efforts of the most unpopular Congress ever, all in the middle, if not the beginning of a US, if not worldwide, recession...

and the DOW goes UP over 5% ? (500+ points from it's low of the day)

i guess it's not SOCIALISM when the US does it. but Bolivia, Venezuela ???
or in other words, "We're all Jimmy Stewart now" (It's a Wonderful Life)