Is This Government Calming and Confidence Building?

As you know, I am a huge critic of the government’s constant efforts to “calm the markets” or “provide confidence”.  Their actions over the last few hours and days are once again accompanied by these stupid assurances that they are doing what they are doing to restore calm and confidence.  How is that working out?

Calm?  Confident?  Is that the situation you see today?  If the government’s big role is to provide positive market sentiment…then that is how they should be measured….and on that standard, they are giant failures.

Comments

[discov:]

So, on point. what a bunch of crocks they are.
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2008 Sep 15 10:52 AM