Trust

Posted Sat, 10/11/2008 - 14:02 by rba
Poster @ AllPosters.com - AP: Bush, allies seek to calm jittery investors - AFP: US and allies united on crisis: Bush - Bloomberg: G-7 Pledges to Take `All Necessary Steps' to Stem Global Financial Crisis - MSNBC: IMF chief warns of global financial meltdown So the G7 agrees: investors need to calm down, we're doing everything we can, we're working together as a group of nations, but the whole thing might meltdown tomorrow. If you have invested in the market you should be cautiously pessimistic your retirement will be safe, unless you're really afraid, in which case you should probably panic now. News you can trust as much as your "Big Brother".

Comments

Bush, allies seek to calm jittery investors

by luaptifer - 10/11/2008 - 15:53
I heard Bush speaking today and thanked God the markets were closed over the weekend.

"So your party is the only party that can save the country from the mess that your party created?" - attrib. Jon Stewart

Thank goodness for non voting shares in banks...

by avahome - 10/11/2008 - 17:21
I'm still scratching my head on that one...but heartened to know someone thought of the idea. Let the banks eat their own bad debt.... Wonder what made Bushco change their mind...or did the CEO's balk at the thought of the government meddling with their own inflated paycheck!

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