Latest headline today on Yahoo finance is that the market is down 300 because people are having doubts the bailout can stop a recession.

Let me disabuse anyone out there with any shred of doubt.  I have talked to alot of business people.  I have personally seen sales drop off in my own business. 

Have no doubt there will be a recession.  A deep one.  Its about time.  The money supply has been expanded at prodigous rates reducing the value of our scrit rapidly.  Its time for a long era of high interest rates to suppress excessive mindless speculation.

Categories: FraudPolitics

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