Cavuto nails it

[financeguy]

http://www.foxnews.com/story/0,2933,324709,00.html

I don't always agree with Fox columnists, but...

 

[ntalwar]

He overlooks things like dwindling(and almost negative) non-borrowed aggregate bank reserves and bond insurer downgrades, which would have devastating impacts on the economy and society.

 

[UberBeaver]

Sounds good to me. These down turns suck, but they always straighten themselves out. Bumps in the road, and all that.

 

[MrBrau1]

He overlooks things like dwindling(and almost negative) non-borrowed aggregate bank reserves and bond insurer downgrades, which would have devastating impacts on the economy and society.

don't forget record personal debt.

 

[financeguy]

He overlooks things like dwindling(and almost negative) non-borrowed aggregate bank reserves and bond insurer downgrades, which would have devastating impacts on the economy and society.

I take your point. I'm just fed up of these bailouts.

 

[MrBrau1]

I take your point. I'm just fed up of these bailouts.

It's ok. Our children, and their children can pay for them. Fuck the kids.