Depression Looms

NEW YORK - "Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments. The Dow Jones industrials skidded nearly 500 points and fell below 10,000 for the first time in four years, while the credit markets remained under strain."

The markets have come to the realization that the Bush administration's $700billion rescue plan won't work quickly to unfreeze the credit markets, and that many banks are still having difficulty gaining access to cash.

As many who do not believe elite news said. "This thing will not work. The bailout is lie."

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"The global economy, including its stock markets and banking system, is a decaying, dead corpse in process of a massive credit deflation. Until it hits absolute bottom (wherever and whenever that is), no life-support system will help. No government bailout at taxpayer expense will help. No nationalization of body parts (e.g., Fannie, Freddie, AIG) will help." Pat Wood
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http://www.yahoo.com/
http://www.augustreview.com/news_commentary/global_banking/bailout%3a_america%92s_financial_ruin_20081005101/


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In my opinion the President and Vice President the Secretary of Treasury the Fed Charmian, the Republican and Democratic leaders in the House and Senate need to be imprisoned for this bail out.

This is the biggest swindle of the American people in the history of this nation.

Until abortion on demand is overturned this nation cannot recover.