posted on Oct, 6 2008 @ 02:03 PM
Did anyone even remotely think this 700B bailout would do anything. No, as a matter of fact, the day the government didn't do anything, the stock
market regained over 500 points.
So here is the solution: We call a timeout, focus and convince ourselves that the dollar has just as much worth as it did last year. Our economy is
based on perception, not the gold standard. Smoke and mirrors for decades have perpetuated this illusion so why stop now?
Everyone, just stop the panic. Banks, you continue to lend; consumers continue to buy with out going into debt. Government, stay the hell out of the
market, and while you are at it, abolish the Federal Reserve.
I really think this will work...but no one will do it.
Probably -800 by the end of the day.