If Bernanke, Bush and Congress don’t stop tinkering with the economy, the problem is going to get worse than it otherwise would have. Now, Bernanke has indicated that he’ll keep chopping interest rates………………..WELL, Whoop de doo! When they get them down to zero and the economy is worse than ever, what will they do then? I sit in my home, scratching my head in disbelief that these fools are actually in charge of the USA. It’s truly discouraging for anyone who has acted responsibly, saved their money and now has to watch these fools destroying the value of the U.S. dollar. Did they really believe that homes could just keep appreciating into infinity and that people could miraculously make the payments on these homes? It was as obvious as the nose on your face that people with household incomes of $60k-$70k could not pay for a $600k-$700k home……………….but they gave them loans anyway. So, now they’re defaulting and a whole lot more of them are going to default and they want to throw more crazy solutions that will only make the matter worse. And, how did some of your Congressmen spend their day, today? They grilled Roger Clemens about using steroids years ago.
