It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.
Congress is using every economic tourniquet to stop the bleeding within the nations financial and automobile industries without fully knowing what other industries may be suffering from internal hemorrhaging.
Republicans are proposing a 4% home mortgage Ponzi scheme that's the modern day version of "40 acres and a mule." It's every bit the false promise that dashed the hopes of ex-slaves after the Civil War.
We are facing the prospect of global deflation and depression. But I believe the situation could be turned around by adopting a bold and comprehensive program. Unfortunately, Treasury Secretary Geithner has not presented a convincing case.