[marshmallow]

You're delusional and it's time to put away the "Obama....blah, blah, blah, Dems.......blah, blah, blah" shtick. This crisis dwarfs partisan politics.

It was triggered by mortgage defaults which lit the fuse on the huge credit default swap explosion. This is bigger than Paulson, the Dems and the government. They're just trying to keep the lid on a powder keg.

The large, unregulated CDS market in which Wall St is/was immersed is now the issue and as you saw over the weekend and this morning, this has spread to Europe.

It amazes me that Freepers are still blathering on about opinion polls and what Obama said, etc, etc. The presidential race is a side show right now as far as solving this problem is concerned. By the time January comes around, whoever is elected will simply be raking through the ashes.

[ARCADIA]

Spot on!

[ncalburt]

Keep sucking down the doom and gloom kool aid peddling by Soros .

[supercat]

It was triggered by mortgage defaults which lit the fuse on the huge credit default swap explosion. This is bigger than Paulson, the Dems and the government. They're just trying to keep the lid on a powder keg.

Which makes a bigger boom: an open pile of gunpowder, or a tightly-sealed can holding the same amount of gunpowder (ignited either electronically, or by cooking off, or whatever)? How about a sealed cast iron vessel?