But I thought the nearly trillion dollars, of which we taxpayers were robbed last week, were supposed to prevent this very thing.....
LONDON (AFP) - World stock markets plunged on Monday, striking four-year lows in London and New York, as the financial crisis showed no sign of abating despite a multi-billion-dollar bailout for US banks.
European equities were rattled by fresh troubles after a weekend meeting of the leaders of France, Britain, Germany and Italy failed a produce a joint European financial rescue package.
New York's Dow Jones index skidded below 10,000 points shortly after the open, the first time below the key psychological level since October 2004.
It's too late to take it back now, Henry (Chicken Little) Paulson is dancing up and down Wall Street literally throwing wads of tax-payer cash to all his buddies who are too stupid and corrupt not to loan to derelicts, money they cannot afford to pay back. I'll bet the democrats, republicans, traders, bankers, and Bush are getting a big laugh at the gullibility of the American people right about now. But then why should they expect anything other than wild-eyed hysteria and retardation from us, we're probably going to vote for Barack Obama for president in a month?