There always has to be one Clinton hater in the crowd. Who will use any feeble excuse to bash Clinton again. Don't you think it's time to get over it themodernleader???????? This article was not about Clinton idiot. It was about the mess George W Bush has created.

I shouldn't wish anyone bad, but I am going to anyway! I hope a lot of those rich f...... b.....ds loose their shirts! They have destroyed the economy with their 'Voodoo' economic nonsense. Some of them deserve being taken to the cleaners. After all they have been taking the average American to the cleaners for years!

A billion here, a billion there, pretty soon you're talking about real money.

Iboucher. Would you share information that supports and suggests that the next leg of the Market is up?
On cults: The despicable aristocratic columnist Krayhammer sp started the "Cult" references to the Obama campaign.
The real cults based upon poll data is the Republican campaign. The top Republican got 150,000 votes and his Arkansas opponent received 50,000 votes in Wisconsin today. Please check the vote of Obama and Clinton. The despicable Bush Administration has turned the once commendable Republican Party into a warring organization of opposing cults. There is serious question whether the Republican Party will ever recover from his terrible, Republic wrecking leadership.
Americans of all political persuasions hang our heads in shame and consternation at the wreckage strewn about our Country as a result of his arrogance and incompetence.

Old analysis. Won't happen. She should have written this article 6 months ago!

Next leg is big up!

The perfect economic storm is crashing upon our benighted country. First, defaults on credit cards, auto loans, and housing is just beginning. Second, corportions have been bought and sold by speculators that have them perilously loaded with debt. Any slight downtern and they go bellyup.
Third, our economic competitors have gotten monopolistic control of copper, oil and coal reserves and other industrial metals that are driving our costs through the roof.
Fourth, our government is essentially bankrupt and powerless to control events, even to disallowing foreign governments to pick our central banks for investment and control.
Agricultural commodities are driving the cost of basic food stuffs beyond the reach of many Americans. The price of a bag of flour went from 9+ dollars in October, 2007 to 29+ dollars this Monday. That increase in basic foodstuff is the realm of a banana republic. And the price of wheat is considered a reasonable price by foreigners because our degraded currency makes their currency able to buy at 20 dollars a bushel wheat while our citizens can only afford to purchase 10 dollars a bushel for flour and bread.
The controlled press will not investigate, much less, report the disaster and suffering on our doorsteps.
Our leaders are as of the living dead; we are the prey. Such a catasthrope unfolding endangers our Republic. Look for much scapegoating as the culprits go into secluded foreign luxurious retirement.

JoeBlough. Reagan was the culprit for the S%L theft. But the real culprit for the banking swindle was President Clinton and his Sec. of Treasury Rubin. He was persuaded by Rubin to dismantle the Glass Steagel Act that prevented banks from doing the dishonest purchases and sales that allowed inflated, that is, virtually worthless mortgages to be turned into AAA rated bonds.
President Clinton also established trading agreements that guaranteed the bankruptcy of our formerly thriving factories as predatory countries sold their products at a loss or discount until our factories had gone broke. Of course, President Bush must take equivalent blame for letting the Banks to carry through the wanton power provided them.
Of course, we know how he has disgraced the Office of the President by using his influence since retiring for his own acutely greedy self enrichment, even at the expense of our Republic. On Boomberg site, today, there is a revealing article about one of his deals benefited his wife's campaign immensely while providing himself mucho dollares. He made a Canadian immensely wealthy through parlaying his international connections with powerful leaders.
We are being managed by public leaders that see their own selfish interests as the national interest. That may explain, in part, how we arrived on the edge of national bankruptcy and ruin.

Hundreds of billions in write offs, oil going yet higher ...

House a' Cards ...

People have no clue until it hits them in their
own pocket. The Chinese alone lost 300 billion on our housing crisis. Our banks have not even seen the tip of the iceberg yet. And no one,
not one of the candidates, except for Ron Paul,
are addressing the real problem, the FEDERAL
RESERVE! But then I guess abortion and church
is more of a pressing issue. Idiots we are!

There goes Hillary's finding for the general election

we are headed for depression ,the Bush regime is just trying to stall the economic collapse until their out of office ,BUT IT WON'T WORK

So, if the banks are going to be bailed out by the taxpayers, why not just put these insolvent turkeys into full FDIC receivership?

With all of the talk about mono-line bond insurers losing their credit ratings, they sure as hell can't expect banks to bail them out, even though that would be the fair thing to do since banks are the ones that fueled the explosive derivatives market after the repeal of Glass-Steagall in 1999.

This crisis will gut the value of most pension funds and retirement annuities. Before it is over school systems, municipalities and state finances will collapse, unable to issue bonds at affordable rates to make needed infrastructure repairs and fund current accounts as tax revenue shrinks. People do not realize just how broad and how deep this credit crisis goes.

So are we supposed to feel sorry for them when they are using this mortgage crisis as an opportunity to write off every bad debt they have held for the past 50 years? They are loving this and refinancing at the same time.

So the markets drop, the Feds pump in more money and the Chinese loan us more money?

But remember the splurge in Iraq worked!
God help us.