Day 43 til ?

The markets felt worse than I did today. They took another tumble and the Fed and Congress wrangled over how to best bail out Wall Street.

The campaign rhetoric is up and McCain says it is all Obama's fault. If Sen. Obama has enough power to create this fiasco as a Senator in less than four years then he is a power to behold. A junior who Sen. McCain says can't handle the job of POTUS but can ruin single handed the financial markets in such a short time, remarkable.

I tend to think it is the fact that thanks to Pres. Bush and his cronies, Sen. McCain included, the fox was watching the hen house. Lets review, you put a lot of type A personalities in charge of companies, they are awarded bonuses for huge profits and no one has over site and the situation gets out of control. Imagine that
1 Its like putting a six year old in a room with a glass of milk and a jar of cookies and saying make sure you only take a few, we know we can trust you. Guess what happens, a trillion dollar buyout.

We need free markets but not without some control. Look at the melt down of the S&L's in the 90's and whats happening now. Let the markets flow but at least have someone watching the 6 year-old with the cookies. It is obvious that Sen McCain and Sarah "Failin with" Palin are not willing or capable of this.