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Folks need to understand the fear that gripped these men. The international banks dumped $300 billion into the international market late Wednesday night and it did NOTHING to increase liquidity in the market on Thursday morning.

This is the elephant in the living room that nobody is talking about. Thursday morning this was the big story. Thursday afternoon, it had vanished amidst the ongoing turmoil. I believe this is what really spooked Paulson et al into the "mother of all bailouts".

The other thing I find amazing is the modest number of replies on these threads. This is the biggest news in my lifetime and everybody is off talking about Sarah Palin's emails. Is everybody in shock that this is going down and can't face the reality that America is broke?

Osama bin Laden said he wanted to bankrupt America. We just may save him the trouble and do it ourselves.

This is the biggest news in my lifetime and everybody is off talking about Sarah Palin's emails. Is everybody in shock that this is going down and can't face the reality that America is broke?

All we can do is warn people my FRiend...

The masses are not following this closely and have no clue how close we came to launcing into GD II, the Sequel™. “What time the big game start? Got enough beers. I’m buying a 60-inch TV to watch it. Is Britney’s sister pregnant again? Who won American Idol?”

The VAST VAST majority of breathing human beings walking the streets of America have absolutely no clue what is really happening in the economy or how painful the future could or will be. Absolutely no clue.