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To: JZelle

I don’t think some people understand how much things came to a standstill as far as the economy is concerned, something had to be done to try and restore confidence. What happens on Wall Street, affects main street, pensions, 401ks, when companies go under and unemployment rises, it affects everyone, it all has a ripple effect. Would people prefer to see high unemployment, would they prefer to see pension funds even more decimated than they already are?


15 posted on 10/16/2008 11:42:29 AM PDT by psjones (u)
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To: psjones
There are always corrections to cycles only the government can make it worse by playing God with the used-to-be-free economy.

Government intervention only makes it a deeper recession/depression and much much longer.

Thank your congress critter!

37 posted on 10/16/2008 12:26:21 PM PDT by BillT (God said it, that settles it whether I believe it or not! (Bible rules))
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