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2008-10-13 Home Front Economy

The Government Is Contributing to the Panic

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Posted by tipper 2008-10-13 10:54|| || Front Page|| [1 views ] Top

#1 Apparently the author prefers the Hoover approach, credit collapse & massive bank failures. Government may well have contributed to the Panic. However, this is an unprecedented situation. I don't expect the government to bat 1000.

Posted by Anguper Hupomosing9418 2008-10-13 14:54|| 2008-10-13 14:54|| Front Page Top

#2 Dow up 936 -- biggest one-day gain in 21 years. Not bad considering the bail out has not begun.

Posted by Darrell 2008-10-13 16:14|| 2008-10-13 16:14|| Front Page Top

#3 the bail out has not begun The Fed has been bailing since 8/2007.

Posted by Anguper Hupomosing9418 2008-10-13 16:52|| 2008-10-13 16:52|| Front Page Top

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