Yes, I am aware of the failure of the bailout. I also see where John McCain took credit for it, before it flopped. 
The stock losses were unbelievable. 
Here’s the final numbers:
| Dow
10,365.45 1,983.73 1,106.42 |
The really stupid part about this whole thing is Democrats and Republicans are blaming one another. Which is absolutely idiotic. They should be working to find solutions, instead of pointing fingers. I mean while the people in Washington D.C. were squabbling over $700 billion, the markets lost $1.2 trillion. Folks, that’s more money than most of us will ever see in a lifetime. 
Of course, the far left Anti-Capitalists are happy that this is happening. Which about par for the course with the Liberals. They hate anything related to Conservative values in America. Like making a profit. 
Personally, I believe we need to get rid of the Federal Reserve Bank and go back to the 100% Gold Standard, that would get rid of all this excess money in our system and bring value back to the dollar. I posted a video to that effect here. Because 90% of this money, that we are losing, is China’s money. Plus, 90% cannot be backed up with gold, thereby making it valueless anyhow. I would not be surprised if China stops all money imports here. That would really put us in a bad spot. I have books on this subject are available at my blog Bookstore.
Hopefully, Congress will pass something here this week. Because sooner or later, this will begin to affect the American people. Which will not be good at all. 
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