Econo-Quickie
If the Fed and the Treasury are going to supercede the free market, and everything big is too big to fail, then short America, ignore the day to day gyrations, and pick up your profits in 7 years or so. Congress and Bush are utterly impotent failures. Bernanke and Paulson, representing both theoretical and hands on experience, are doing yeoman’s jobs buying time while temporarily selling out the U.S. citizen/taxpayer. They’re hoping that John and Jane Q. Public don’t notice their added burdens, while Ben and Hank bail water in the hope that the ship of state doesn’t capsize and sink before help arrives.
Oh, and they have no idea what form that help will take, or when or even if it’s coming.
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