RCA

3 Things America Needs to Do to Get the Economy Back on Track

Peter, your post is thought-provoking at the least, as is evidenced by all of the impassioned comments. Keep posting and analyzing.

I do think you oversimplified the China solution. Do you think the Chinese would simply stand by while we taxed their currency conversion transactions?

China is in the catbird seat due to lame US economic policies and they know it. We are fundamentally at their mercy for the forseeable future.

Things Aren't Good - Fast Money Recap (9/4/08)

RE: "The Wells Fargo news is scary because it proves the banks can't raise capital."

What Wells Fargo news? Reference please!