[gusopol3]

Analysts also believe that the mere presence of the government as buyer of last resort will be enough to get credit markets moving again, and that a large number of banks would not need to take part for the legislation to succeed.

this makes more sense to me

[Hostage]

Good emphasis on the key point.

Banks previously were hoarding cash because they were uncertain as to the amount of writedowns they would have to take on the bad paper.

Now they can release dollars because they know they can sell the bad paper as a last resort.

But this will increase the supply of dollars and weaken it as a result. Oil as a result will once again trend up in price. Boone Pickens now says $150 oil. I would not bet against him as he was always right before.

A couple years back he predicted $75 dollar oil and he was scoffed at. Later he predicted $125 oil and was considered deranged.

Now with bailout and the resultant increase in supply of dollars, he is predicting $150 oil.

If McCain gets in we will have crash nuclear power plant building, hopefully pebble based gas reactors as they are inherently safe.

But in the short term I am going long oil.