LA: I completely agree with Barons analysis. Bush played a masterful stroke by giving very little but appeared compassionate. So many people are counting it as “bail out”. That shows his genius (can you believe it?).

This problem of credit crunch will only get corrected over a long period of Stagflation. Repeat 1974-1982 all over. Any attempt by BB to seriously meddle with FFR means Argentina-Brazil-Russia style crisis. Start thinking of $10 gas if you think $4 is painful. (Oh, BTW, then Ford & GM will be bankrupt, Chrysler liquidated – a million ex-autoworkers. Rustbelt will resemble Mexico). Any politician who thinks we have problems should live in a third world country for a few months to know what Capital Flight means.