Ok honestly, stock market aside please tell me that Bernanke, and Geithner are joking? We already have a major provision in place for this, it is called a bankruptcy court. What they are really saying is that they need more money in hand so that they can bail out more of their friends. Little by little and bit by bit, our laws and our Constitution are being taken over by those who see us as fools and unable to care for ourselves. When did we become such sheeple that we stand by and watch our country fall due the the likes of a socialist President and a Congress who thinks spending is the answer to every problem? Ben, Tim and FDIC already have WAY more power they should have. They also have a track record of abuse of that power. In my opinion the FDIC closed down WAMU as a favor to Chase. The parent company of WAMU is now suing FDIC for over $10 Billion. As many of you have stated in E-mails to me… AIG is a smokescreen. Could all of the drama be a distraction for this power grab? Look how far we have fallen!
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