|
agree that the 'bailout' plan as it stands is absolutely necessary to address credit/liquidity issues that are immediate... (as evidenced by the spiking LIBOR)
but what about the underlying economic issues (just off the top of my head)
-glut of real estate w/ rapidly declining value
-consumer spending declining (the joke 'stimulus' checks have all been spent now)
-massive debt for the war (and the resultant problems that will cause when the chinese stop buying tbills)
-add more here, ha ha
__________________
go bears
|