|
So, the 850 billion dollar bailout was passed after 150 billion was added to satiate the Houses need for earmarking. The fed has started buying commercial paper, they are hinting at a rate cut, and still the Dow fell over 500 points today!
It’s like no matter what the fed throws at this mess, it’s not stemming the bleeding.
What next Bernake baby? Is it time to start warming up the helicopters?
Posted by Meg Tilly on Tuesday, October 07, 2008 in Chewing the Fat
|
RSS