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At What Point...

Started by Conan71, October 24, 2008, 03:35:39 PM

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Conan71

...should the President, Congress, Fed, & Treasury Secretary sit back and let the economy correct itself after the election?  What do we have so far?  A huge bail out for Wall St., suggestion of another economic stimulus package (all to the tune of about $1 trillion of money we do not have)

Now Bernanke is talking about this:

http://biz.yahoo.com/cnnm/081024/102408_fed_outlook.html

It's almost as if there is supposed to be some magic solution to get people over their fears of the economy.  My suggestion is, don't screw with anything else until after Nov. 5.  I don't think the markets are going to do much of anything before then.

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan