Re: hearings.....
in response to
by
posted on
Sep 23, 2008 08:39AM
I agree.....There has to be "shorting" somewhere in the mix for an orderly market, however "naked shorting" is an "absolute NO_NO and was never envisioned to be part of an orderly market...
This congress is "punting" the problem down the road for, not our children, nor even our grand-children to pay for, but our "great grand children to bear the brunt of AND THEY WON'T DO IT. They won't work for peanuts when most of their paychecks go for taxes.
I saw an in depth interview with Newt last night on Greta (whoever) and he was right on as to what HAS to be down to solve this financial problem. There were 3 or 4 parts to this solution but the major, I believe, solution was to drill for the oil we have under our feet and stop sending $700 bil overseas and keep it home.
It's ironic isn't it, the exact amount of this "bailout" is the exact amount of money we are paying those countries for the oil we use.