Real Texas Freedom

Monday, September 03, 2007

Up and Down

Bush and Bernanke Prop up Market

Up and Down

Volatility indicates that there is too much money to invest and not enough places to go with it. Maxed out credit leaves consumers with further problems even if more credit is made available. Broke businesses and monster mergers indicate off pattern patchwork that won't hold up. Bernanke and Bush can't be trusted.

Taxing the wealthy and using the money to prop up government responsibilities by hiring more people is the best short term answer. In the long term, the government needs to stop giving printed money to the Federal Reserve and simply deposit it and use it. The Fed is interested only in padding the pockets of financiers and increasing the debt of the government and the people.

http://www.usatoday.com/money/markets/2007-08-31-wall-street-friday_N.htm?csp=

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