Desh, Chapdog - Please Explain Why Markets are Crashing?

[ib1yysguy]

What doesn't make sense to you, little buddy? The bailout was supposed to calm wall street jitters over the credit crisis. It made things worse. Arte you going to argue that it's helped? That would be funny

You think it takes 700 billion to "calm jitters"? This had very little to do with calming jitters. This was about giving the government the money to buy mortgage-backed securities. They haven't done any of that have they?

 

[uscitizen]

Our problems go far beyond junk mortgage backed securities.