I am sure that everyone has knowledge of the economic crisis we are experiencing.  Everyone has an opinion on what to do and what was the cause.  Actually, we may never know the real answers.  But yesterday, the markets were doing fairly well early, but then Bernanke went on TV and talked about the economy and the approaching deepening of the crisis.  The markets reacted by dropping 200 points.  I hovered in that range until the Pres. goes on TV and talks about the crisis and the challenges that we face and that all will get better.  While he was speaking the markets dropped another 300 points and the final total of the markets was down a big 508 points.

Yes everyone was trying to be bleak without being bleak….did not work!  The investors seem to have zero trust in those guys to handle this situation.  The Congress talked then passed the bill that Wall Street wanted…it may cost $700 million of taxpayers money, but it will save the average person’s retirement and savings…..wait!…..since the talk started on the bailout the markets have lost around 1500 points….is that not about $2 trillion dollars of wealth?  So more would have lost by this time if they had waited and got ALL the facts before the vote?