Wow! Remember a few days ago when Ex Goldman-Sachs former CEO and current Treasury Secretary Hank Pailson bullied our US Congress into "stabilizing the markets" with a $700 billion bailout fix? We already witnessed what happened to the stock market the very minute this little piece of socialist government intervention was interpreted by our so-called "free market economy". The chart below shows exactly to the very minute what happened when Congress passed the bailout bill:
Well... Look what's happened to the stock market since:
So much for government interventionist solutions.
Today was especially bad, of course, with a 679 point drop on the Dow, mainly in the last two hours of trading.
Is there anybody on the planet who actually believes "investor confidence" will be restored in America, so long as the same morons who brought about the "mortgage mess" about are STILL twiddling the dials and pulling the levers of U.S. economic policy?
This week's stock market crash is unprecedented, percentage wise... even compared to 1929:
The latest news we're hearing is that some government "leaders" are suggesting that the U.S. government should prop up the economy, by buying futures contracts.
Check your Mormon food supplies. You may need to use them very soon.
