Bezzle Me This

Regrubun

3/9/2009 9:00 PM UTC

Is there any possibility that government doesn't care if the market continues to drop in order to encourage people to withdraw their 401Ks resulting in increased tax revenues at a time when expected tax collections will be down?

PDXJeff

3/9/2009 8:45 PM UTC

By the way, did you hear the CNBC idiots calling bottom to the market today. They've called "bottom" every 1,000 points since the market topped 14,000. Unbelievable!!

PDXJeff

3/9/2009 8:38 PM UTC

If you don't mind, please give me your thoughts on the story the WSJ broke regarding bailout money being given (in what I deem a covert/criminal manner) to, amongst many other non-US companies, the four largest US banks. How is it that they can take bailout money on the front-end and also secretly on the back-end as well? All four of which are reporting "gains" and capital on-hand darn well near what they've been covertly given through AIG. Without it, they're broke, NO?