Our financial mess is mainly about bad government.  Central banks = government.

I've decided I want the economy to crash, worldwide makes it even better...as long as it's before the election. The masses have to feel the pain so they demand the truth from the media; the truth we all know that this is a direct result of the failure of Socialist ideals and the Liberals behind them.

Currently the Dow Jones is down 400+ points and below 10,000.

Come on America, feel the pain and demand the truth and the heads of those responsible...which we all know are mostly Democrats.

As for the US itself, it has not yet exhausted its policy arsenal. It can escalate further up the nuclear ladder. The Fed can cut interest rates from 2pc to zero. If that fails, it can let rip with the mass purchase of US debt.

“The US government has a technology, called a printing press,” said Fed chief Ben Bernanke in November 2002. (His helicopter speech).

In extremis, the Treasury/Fed can swoop into any market to shore up asset prices. They can buy Florida property. They can even buy SUV guzzlers from the car lots in Detroit, and mangle them in scrap yards. As Bernanke put it, the Fed can “expand the menu of assets that it buys.”

Here lies both the peril and a devious silver lining.  If the fed uses the nuclear option of printing money, we risk devaluing the dollar to the Mexican Peso via inflation not seen since the Great Depression in Germany after WWI.  If they do that, everyone will pull money out of the banks to purchase hard assets to preserve the value of their money but in the process cause ALL of the Banks to collapse at once.  The silver lining, that $4 trillion held by foreigners, in order to inject this money into the world economy, the Treasury would by back ALL bonds held by foreigners thus erasing half the national debt. Perverse isn't it?

Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.

What we are witnessing in the global stock market sell-off is a classic Panic, (as in the Panic of 1873, which led to a short and severe economic downturn).  I am hoping that this is the beginning of a bottoming process that is preceded by the "Sell Everything" type of panic that is common in market bottoms.

There is no doubt we are in for a slow down.  The leveredged economy where consumers borrow beyond their means to buy things they don't need had to end some day.  But America has seen fantastic economies in the past that were not based on borrowed money.  Those days will return, unless our government gets too involved in the free market process.

Some dimwit on the radio just called this the "Bush Bail-Out" - good grief!  This is about as much Bush's bail-out as the $126,000 Obama made off of Fannie Mae is legitimate investment income.

My house is nearly paid off, my retirement is practically guaranteed, my job is very secure, so I don't care if the market tanks.  I hope a bunch of dirt-bags like Obama, Dodd, Frank, Raines, Buffet all lose their shirts, and some of them take a 1929 swan dive off the top of an office building. 

But sadly, the wrong people will get blamed for this, the innocent will suffer and the country will be FDR'ed again and all the efforts and sacrifices we made since 1945 to combat and defeat Communism will have been in vain.

Notice how the $700 billion "bail-out bill" has made littel difference?

The real issue was are we going to have bank failures and a credit crisis for 8 months or so with inflation at 4-5% or are we going to have the bank faliures and credit crisis for 2-4 years with inflation at 7-10%. Unfortunately, the Senate and the House voted for the later instead of doing nothing and accepting the former. 

You want change? Give me a dollar.

I think it's important to note that most, if not all of this information is lacking from the Obama camp.

I believe these items should be on the table and brought forth from Palin.

1. Occidental College records — Not released
2. Columbia College records — Not released
3. Columbia Thesis paper — ‘not available’
4. Harvard College records — Not released
5. Selective Service Registration — Not released
6. Illinois State Senate schedule — ‘not available’
7. Law practice client list — Not released
8. Certified Copy of original Birth certificate — Not released
9. Embossed, signed paper Certification of Live Birth — Not released
10. Harvard Law Review articles published — None
11. University of Chicago scholarly articles — None
12. His Record of baptism– Not released or ‘not available’
13. His Illinois State Senate records–’not available’

"It is the mark of an educated mind to be able to entertain a thought without accepting it"-Aristotle