Monday, October 6, 2008

Bush Administration Driving Dow Dump

But you won't find the MSM telling you that....

Maybe we need to take some templates and use them, America:


The Chinese Solution to Wall Street's Woes

The Indian Solution to Wall Street's Woes

"Dow plunges 800 points amid global sell-off" by Joe Bel Bruno, AP Business Writer | October 6, 2008

NEW YORK --The Dow Jones industrials skidded more than 800 points and fell below 10,000 for the first time in four years, while the credit markets remained under strain. Financial markets took a despairing view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief.

Investors around the world have come to the sobering realization that the Bush administration's $700 billion rescue plan won't work quickly to unfreeze the credit markets. Global banks, hobbled by wrong-way bets on mortgage securities, remain starved for cash as credit has dried up. --more--"

Readers, please see:

Bush Administration Created Credit Crunch Crisis

U.S. Banks Driving Credit Crunch ON PURPOSE!!

Bailout Bill Gives Banks Tax Cut

The Wall Street Bailout Bought America Nothing

What is in the Wall Street Giveaway Bill?

America, when are you going to TAKE the MEASURE of these CRIMINALS?!!!!