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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

October 16, 2008


We're not proud of all the mistakes that were made by many different people, different parties, failures of our regulatory system, failures of market discipline that got us here."
Treasury Secretary Henry M. Paulson, Oct. 16

By washingtonpost.com Editors  |  October 16, 2008; 5:32 PM ET
Categories:  Quotables  
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Comments

When something is being wrecked, all that government can do is speed up the wreckage. When something needs fixed, the government is its usual slow self. That's good news for the military and bad news for Wall Street. Wall Street wrecked our local economy and this was once a powerful economy that did much to defeat Hitler and win World War Two. Keep crashing Wall Street. We support the troops. We built the LST's here and could build more for the future. AIG is hunting big game in the UK on borrowed noney and borrowed time. Socialist insurance men, what a joke it all is. I could use some more capital. I'm sure the capitol doesn't give a hoot about me. Why should they when there is a country to think about? My plan was rejected and it was a great plan and still is. I guess I'll get sent to the new work camp or concentration camp when Washington gets around to carrying out the rest of the bad plan. Billions will be made and lost. In God We Trust

Posted by: Night Mayor | October 17, 2008 4:27 AM | Report abuse

Today Oct.17,
In premarket indicators were not good.Besides,Michigan Reliance Index fell to 57.
Dow may plunge 200-300 points today.

Posted by: Halozcel | October 17, 2008 10:17 AM | Report abuse

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