DOW down by 778. Worst point drop in HISTORY.

[Jackson50]

Aiemond said:

Jackson50 said:
These ninnies on Wall Street have been relying too long on the milk from the government's teat.

 

So what about all those close to retirement with 401ks? Or those who lose their job if businesses can't make credit for payroll etc? Guess those middle class workers are out of luck.

If you are truly worried about businesses not being able to make payroll, lower the capital requirements for banks. It may have flaws, but not nearly as many as a $700 billion bailout. All a bailout will do is saddle the government with more debt and encourage more risk.