[VOA]

Dow closing DOWN 733

Dubya needs to give an SECRET executive order to Paulson and Bernanke:

“None of us will give ANY sort of interview for at least a week.
AND
we will push, shove and use a stick if we must, to get those nine
banks to start really freeing up credit!
And get those LIBOR rates down. Even if you have to pay some bribes
to the Europeans!!!”

[Red Badger]

They’d be better off to go on TV and say “We’re not going to buy ANY banks.”................

[Captain Kirk]

None of us will give ANY sort of interview for at least a week. AND we will push, shove and use a stick if we must, to get those nine banks to start really freeing up credit! And get those LIBOR rates down. Even if you have to pay some bribes to the Europeans!!!”

That sounds like something out of Lenin's playbook and it won't work. As Ron Paul, the only guy saw this coming, warned repeateldy we need to let the malinvestments collapse and a have a quick readjustment. Pouring more money into this sinkhole will only delay the recovery. There ain't no such thing as a free lunch no matter how many guns the government points at people. Unfortunately, this is something that Bush/McBama just don't understand.