[Maelstorm]

You know this “meltdown crisis” seems overblown. How is this a crisis when it only seems to be effecting those financial institutions which were playing fast and loose with loans and derivitives. It really seens very localized. McCain was right the first time, the fundmentals of the economy is strong and it would get stronger if the weak big companies would be allowed to go their natural course. I fear that the actions being taken will have the result of deflating the economy.

[mek1959]

I agree, yet the politicians are scaring the heck out of average American's for their own political gain. In Obama’s case, it's European style socialism. This eerily reminds me of the political hacks of the late 20’s and 30’s when we got our first taste of socialism through the New Deal. Look where that got us.

We'd better get ready to fight back or there will be a new “New Deal” coming and you really won't like this one.

[SeekAndFind]

I fear that the actions being taken will have the result of deflating the economy.

Just curious, what do you think the government should have done when they see a giant insurance company like AIG with businesses here and overseas about to go under ?

Let's say they did nothing and left AIG to its own devices, laissez faire style, what do you think the worldwide implications would be ?