[DoughtyOne]

I agree. I’m not convinced a no hands approach would have been advisable here though. This is one of those times when folks would damn our leaders no matter what they did.

If no action had been taken, heads would have rolled when this thing became full blown. Imagine no action and a full blown depression.

A lot of us would have been looking for new rope and a low branch.

[EBH]

I agree with you. They are darned if they do/don't. The best they can do is control the decline. Have they done that? We don't know yet as we don't know where the bottom is. The bailout was a band-aid, not a solution. They told us that and we knew that. Why everyone here acts like the bailout was the solution makes no sense to me.

Heck they admitted they don't know if any of it will work.

The real solutions are yet too come and that rests with the new president's administration. So are markets reacting to election polls? Could very well be.

My suggestion for now?

No more polls until the one that counts on Nov. 4th.
No more economy speeches meant to calm investors, it is having a reverse effect and making things worse.