I am watching Secretary Paulson take questions from the press and with each answer the Dow Jones drops more and more. He is defending the Bush administration even though it is some of the Bush policies that have led to this. His worst line was that "the American people can rest assured that their deposits under $100,000 are guaranteed by the FDIC" So tell us something we don't know you idiot!
Meanwhile, McCain claims he can get the economy on track? He is the problem, and all his GOP cronies and now they think we are idiots?
Meanwhile the Dow keeps dropping. Down over 350 points right now. How do those sub-prinme mortgages look now as investments?
Monday, September 15, 2008
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