Thursday, October 09, 2008

Dow Jones Down by 678.91 points.

BBC News: Reports that the Down Jones was down 678.91 points, that down nearly eight percent. I thought this bailout of Wall Street was meant as a fix, well the Patient, the US Economy has gone in to a seizure , could go either way, what is the Doctor, the US Government going to do, we need a bright solution or we are heading in to Great Depression land. This will start to effect main street economy, business and the folks will retract their investments, recession could lead to depression. Lets recall the West is fighting two wars, the Western Banking system is in cardiac arrest, something has to give, is Obama right about Iraq and getting out, an Empire can not stride the globe if its economy is in a mess. But it should be noted should the West leave Iraq, we still have Afghanistan, the next President just might ask for a recount of the vote, the good times are very much over.

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