If there's such a crisis, why is Paulson on every talk show this am?

Guess it's time to "launch the propoganda" some more. Anytime this (mis)Administration is doing the rounds selling something, you just know you have to watch your back (and your wallet, civil liberties, basic human rights, national dignity, ability to provide for your family......)

You don't really need the engineer working the brake any more...

You're doing a heck of a job, Hank!

and/or robbery, so in either case, you need a frontman out there peddling propaganda.

let's not include the folks losing their homes.

I wonder who came up with this senerio at the Bilderberg this year!

repeat the repug talking points....who better then the puppetmaster who will without oversite spend a trillion of OUR dollars.....FEAR, FEAR, FEAR...........They don't want us to stop, think, ask questions, etc......just save THEIR a$$e$ first and throw the taxpayers overboard.........their just rearranging the chairs on the deck of the titatanic. Anyone have any extra life perservers? This supposed bail out will NOT fix the problem long term and will only hamper Obama when he takes office.

The problem last week was a sudden run on money markets, as I understand the story. If x-number of billion dollars in liquidity hadn't been added by the Fed, there would've been a run on the MMs, and the DOW would've fallen to 8,000. That's what I read.

Ok, so here's the question. If the FDIC guaranteed MM accounts up to $100K like savings accounts (let's say, if they went below a buck and stayed there for a period of time or went bankrupt), don't you think that would be enough for people to keep their money in them? Wouldn't that be enough to stop stampedes? Wouldn't it do as much as this "fix" is doing?

I don't know but it would seem logical. And simpler. And cheaper.