This weekend may be the beginning of the end of the false sense of security in the stock market. The government may be ready to seize Fannie Mae and Freddie Mac.
http://news.yahoo.com/...
So far the FED, the investment bankers and the billionaires have managed to keep the market artificially inflated by pumping huge sums into it each time it faltered.
Monday will be the greatest test yet of the resolve of those entities to hold the last remaining indicator of our economy's health at these inflated levels.
With 7,000 homes per day being foreclosed, over 9% of homeowners either in default or behind on their payments, 6.1% unemployment and $10 billion dollars a month going to Iraq, we may be near critical mass of incompetence for the Bush administration.
But, keep your chins up! I'm sure Sarah Palin is praying for us!