Hey invest your money overseas! Foreign companies are about half as transparent as American accounting rules demand of domestic balance sheets. China is a politburo economy, seriously, you cannot be serious. Then there is the dollar issue, and with the dollar at historic lows against all other foreign currencies, now is the time to get into opaque, poorly regulated foreign markets, watch your profits go up in smoke, and then lose what's left converting back into dollars??

Here are some fairly obvious truths. The risk of investing fixed income far outweighs the reward. (Hoard cash). The gold and energy plays are being propped up by the wrong people. Commodities are worth less than nothing if no one wants them and you pay storage.

There are no magic stocks, bonds can defeat your purpose if interest rates go higher.

Try and help your neighbor, if you can. That's no joke.

In what light do you consider the comparison to Congressional promises of oversight, and their promises to end funding to the war if the American people decided the war was no longer worth it. What do you think of the exceptional powers granted to the leadership at the White House. How do you answer the charge that the economic crisis is a manufactured crisis to rescue Bush's failed Presidency, his posterity, and his posterior.

Why do Democrats love the President? The real difference in this instance is that an overwhelming majority of Americans oppose this economic intervention. This is the end of their representative Democracy, which they lost when the Democrats gave Bush extraordinary powers in the failed immoral, and illegal war in Iraq. Game, set, match.

This is one stock chart everyone can read. See the S&P, see the date when the war in Iraq started. See the market go higher. The Iraq war was the eqivalent of Reagans Cold War, a defense spending, deficit solution to the recession he inherited in 1980. The difference now is that there is no magic bullet, no Clinton economic policies that will rescue us from deficits at these extreme levels, which would be 75% of GDP, and increasing as we enter a recession.

What is the Congress getting for 700 billion? Nothing, except mostly toxic mortgage debt. That debt will still be nonperforming after they buy it. Again I am reading advice from various sources to homeowners, which suggest that they walk away from that mortgage. Why should a homeowner be saddled with a home worth considerably less than the market value, and the one certainty about this plan is that it will revalue these homes lower. You can imagine what that will do to people who have equity in their homes. They are stealing from people who are not in trouble to pay for those who are, and who can at their discretion walk away from their home.

This is a raid on equity, but that is nothing new, this entire process of inflating home values was a raid on equity, designed to get your savings out of your house. In point of fact, the percentage of equity that a homeowner has increases with dropping home prices. That increasing percentage of equity will only bring more sharks looking for your blood.

It then becomes even more imperative for government to confiscate that equity to help them make their economic numbers. The bailout is the final act, confiscating your future equity (tax dollars).

All three branches of government must be disbanded, their members prohibited from meeting, amd jailed if necessary. A new Peoples Government, must be put in place. After this bailout there is no more representative Democracy. You will owe them your home, and your future earnings. Stop the madness now.

The reporter on the floor said, that the traders don't want the market to rally, they want it close down at least 500 today, to send a message.

You can write you own idea of what that message is...

The Fed can print money to drop out of helicopters, why does it need the Congress?

You are spot on the credit markets are in trouble, because demand for credit is slipping, but rates are heading higher, that's not a free market at work.

However the credit markets have been in trouble a long time, my cousin sold his business because he couldn't get enough money to finance the operations and fill his customers orders.

but isn't this really a dollar problem, and not a mortgage problem?

isn't that what the LIBOR is telling us?

and 700B on the deficit is already being priced into the currency markets.

taxpayers will pay through inflation.

and yes more FDIC will help, anecdotally there was a man who lost a sizable amount in INDYMAC because he was over the FDIC limit.

but really, 700B is about $2500 per person. That's not much really. If you thought you could fix the markets for $2500 you would do it, wouldn't you. (Hell you would make that that much by gaming the stock market rally!) but its not enough

and there's the rub

there isn't enough out there to fix this problem..