When will these bail outs stop!
K Street and Wall Street want you to mind your own business. The real players will work this out. The little people should just worry about their kids’ soccer games.
This is just the beginning. Be watching for a bail out of Ford, GM, Chrysler, United Airlines, Delta, trucking (etc.). In the end our money will be worthless and a depression ensues.
The bailouts will stop when housing bottoms. When house sales and prices stop dropping, and the housing market stabilizes, then foreclosure repossessions will peak the next year, and that will be the peak for losses in the financial industry. After that, the bailouts will stop because the losses will stop. Until then, we have a Depression to avert, hopefully. No guarantee, that.