What do you think? Personally I think in a few months we will be back here again. Mind you, I dont know crap about anything finance, but I know when there is a hole in a dam and you patch it, then another and you patch it, eventually the dam will break through and the flood will happen. You need to fix the damn completely, not patch it. And that is truly a challenge. I guess they will allow the flood to come eventually then scramble. I say deal with it now and make it a controlled flood rather than not.
FreeRange user arodomus@hotmail.com wanted you to see this:
“$700 billion bailout: Will it work?”
The $700 billion bailout plan signed into law Friday may get banks to start lending to each other again.
CNN.com - Top Stories
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