Looks like even on here don't yet grasp how serious the situation is.
This is way beyond Republicans and Democrats. Our entire economy is on the verge of collapse if credit dries up.
I know. People just “don’t get it.” They’re treating this like just another election year issue/argument.
Deflation = Great Depression II. Paulson & Co are trying to act before it is too late. Is their plan the best? No... but all I’ve seen so far is attacks, but no alternatives.
I am amazed as well as saddened by the seeming lack of comprehension by so many here to the seriousness of the crisis we are facing
I can tell by your tag line that you'll be interested that Newt pointed out on Fox last nite that 'the fix' top 2 priorities should be: (1)repeal of Sarbanes-Oxley (a $3 million/year useless tax on each public company, no matter how small) and (2) FASB retraction of 'mark-to-market'. One (1) IPO (new startup company) in the last 2 quarters due to the screwed up mess from those 2 Regulations alone! Oh, and his suggestion for Congress/Bernanke/Paulson...come up with Plan B. Guess what Congress is NOT debating!