The bailout is bailing, but stocks are falling and bonds are falling. WHY ?
No one trusts the financial markets. So they are selling off while they can. Sure there's a bailout, with a little oversight. But it's basically : "No billionaire left behind"
What is needed is to restore trust in the markets. The bailout did NOT include trust, i.e. Regulation. The bailout did not include Justice. To fire,and/or prosecute those responsible. It does not go directly to troubled mortgages. So no one trusts it. And until it earns trust it is down, down, down.
Contact Congress. Tell them to restore Glass Steagall regulation undone in 1999. Tell them to go after those responsible. See what they do.
http://www.fedupusa.info/10092008.pdf
And finally. VOTE on November 4.
honey, there IS NO JUSTICE.
face that.
iMBBonlyone 3 years ago
I hear ya brother
WOOTMIX 3 years ago