Monday, October 27, 2008

Government Intervention or Bust?

The U.S. stock market has lost 1,417 points--a decline of nearly $3 trillion in value--since President Bush signed into law a $700-billion financial industry bailout bill that was supported by both the Republican and Democratic presidential candidates....Stock Market Has Fallen Steadily Since Bailout Bill Signed, Matt Cover, CNS News

Somehow, the thought of a President and Congress devoted to a lot more of this, including seizing your 401(k), you know, the nest egg you've worked for the last thirty years (see below), is not comforting.


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