[VOA]

I just listened to Jimmie Rodgers on CNBC Asia...the guy has lost his mind....

I'm not sophisticated enough to judge anyone's comments on
hyperinflation...
but I did like his suggestion for this mess should have unraveled:
let the failed company fail...it's the way things have worked for
thousands of years...

I did admit there may have been some reasons for bailing out
AIG because of it's long tentacles throughout bidness...
but it seems like the guvmint intervention
(as judged by the Dow) has been not beneficial, or even neutral...
but maybe just gasoline on the fire sales atmosphere.

[bruinbirdman]

"it seems like the guvmint intervention (as judged by the Dow) has been not beneficial,"

That's because they haven't done anything yet except get permission to do something.

First "actually doing something" will be next week.

yitbos