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[Jayhawk]

Originally Posted by mcbear

For the first six years of the Bush Administration the Economic model was Free Market, damn the consequences. Now that we have the consequences we have an administration that is pouring our grandchildren's tax dollars in to the bucket as security bailouts for those "free market" excesses.

So we are changing from an abridged Free Market model which did not work [except for global corporations and stock market] to one of nanny state bailout for the global financial sector that failed to use sound economic principles when shooting up for the Ditech High. The rehab and withdrawal afterwards is a real bitch.

And it is going to cost at least $2Trillion before it is over [we are already 30% there]. There are at least two more quarters to sort through.

W H A T ? ? ?