Market Bailout Leads to Market Crash…Again?

October 6, 2008 - 11:45 am By COED Staff

So this is not exactly what they said would happen, and I am confused.

Where the hell did the $850B package go? That’s right, it’s not really $700B – add another $150B in EARMARKS…after all of this debating over reducing earmarks, we witnessed the largest earmark in US history. But let’s put that aside for a moment, and ponder why – if $100B is being injected into the market today – the credit crunch is worse than ever? Hmmm…great job guys…top notch planning. (more…)

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