Wall St. Doesn't Need Bailout

%expand% Wall St. Doesn't Need Bailout %set(body,%html-clean({

After a few banks who made bad loans crumbled (after all, foreclosing isn't easy, and lenders should be more cautious), investors seemed to absorb the news by frantically selling off everything Monday (9% overall drop), and then buying up a bunch of stocks on Tuesday (MSFT up 6% for example).

So... smart investors are buying stocks whose gains aren't pinned to low-interest real-estate lending and certain commodities. Why is the U.S. government frantic to *stop* this reinvestment strategy? Are they afraid it might work?

Despite what some may think, our economy is not predicated on cheap real estate loans. If real-estate credit costs go up, there are other avenues of innovation and growth that can be banked on. The market seems to know this. It's unfortunate that our nations leaders don't.

}))


Bracing against the wind
www.documentroot.com

View Archive

Free Blog Commenter & Counter

Memebot: Free Website Hosting

Americans for Approval Voting

2002 WTC Pics: Aug 12 Aug 16 Aug 30 Sep 11 Sep 23 Oct 24

Shop with Bitcoin At Amazon

Yvette's Weblog

All sites by me

RSS for this site

Lo! In the east against the blazing shadow of a rising sun, there come four men striding in unison, each step a journey, against the terrible winds.

Tuesday, September 30, 2008

Wall St. Doesn't Need Bailout
Posted 6:41 PM

After a few banks who made bad loans crumbled (after all, foreclosing isn't easy, and lenders should be more cautious), investors seemed to absorb the news by frantically selling off everything Monday (9% overall drop), and then buying up a bunch of stocks on Tuesday (MSFT up 6% for example).

So... smart investors are buying stocks whose gains aren't pinned to low-interest real-estate lending and certain commodities. Why is the U.S. government frantic to *stop* this reinvestment strategy? Are they afraid it might work?

Despite what some may think, our economy is not predicated on cheap real estate loans. If real-estate credit costs go up, there are other avenues of innovation and growth that can be banked on. The market seems to know this. It's unfortunate that our nations leaders don't.

[View/Post Comments] [Digg] [Del.icio.us] [Stumble]

| Bloghop: | Blogarama | Technorati | Blogwise