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Old 10-09-2008, 04:25 PM
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tbpew tbpew is offline
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Join Date: Mar 2007
Location: middle Atlantic region
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Re: CNN says More Bank Failures Coming

the strange thing for me is that if this treasury secretary hadn't run around saying the end is here...this all would have been a much slower decline.

but since our phoney industrial average (exchange) DJIA ballooned mostly on speculation rather then industrial production....fear comes along as a knife to the bubble (what REAL thing happened in our industrial equity that would raise an average from 7000 to 14000 in the last 10 years or so?).

So why did the Bush administration's treasury secretary jump on this issue as the exit song for the last 120 days of a Bush presidency?

Why was this laser-like attention given to this issue with such a short time horizon?
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