what the hell are the americans doing, page-21

  1. 74 Posts.
    Jewish Holiday sees Congress out of action over the next couple of days...so I expect the Bailout in a further modified form to be passed Thursday.
    Democrats(95 of them voted against the Bailout)are making a point to Paulsen(ex Goldman Sachs) and Bank connected Republicans that they will not bail out the Bankers without a lesson being taught.
    Can probably expect some sort of Public Equity as part of the new offer even though it flies in the face of Capitalist ideology.
    Also interesting that 9 of the 10 World's most liquid?/biggest?...didn't quite catch the lead in..are from non-democratic countries and its ironic that their money will probably be propping up the US economy.
    Going to be tough in the US with Monetary Policy demanding an interest rate cut to boost a flagging economy whilst tighter lending policies and a tighter inter-bank lending situation should see interest rates rise.
    Time to buy American real estate over the next year or two.
 
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