Will the stock market hold...or is the bubble ready to burst?

[Kirkland Laing]

This is precisely why I'm trying to learn how to grow vegetables, I believe that I have enough land to grow enough food for me and the missus to live off of for quite some time. At the rate I'm going currently though, 10 tomatoes a year will be hard to ration. I don't see why you wouldn't want people to invest now, not in short term things, but investing for the long term (more than 10 years). From what I understand (keep in mind I'm a simpleton) the issue is that there is not enough capital in the system. I would think that in addition to the government's contribution, that long term investment in the financial sector should be encouraged. I am very leary of government control of America's financial sector, even though the intention right now is to sell it back to the public, a new administration is coming soon and everything could change. Let capitalism bail itself out, if the government needs to be involved, they could offer a tax incentive program for those willing to invest in these ailing companies, I know more than a few millionaires that would jump at the opportunity to shelter more funds.

They let capitalism bail itself out in 1929 and it caused the Great Depression. Capitalism isn't capable of bailing itself out without government involvement, QED. If the governments hadn't got involved at all there'd already have been over a million people laid off and millions more to come and a ten year plus Depression to face. Hopefully the banks can be weaned off government support in the future but I wouldn't hold my breath on that one. We may yet see total government ownership of the global financial system.

I officially fear the NWO. I have many questions as to how this bail out works still, for example if I as an American tax payer will be getting prefered stock in the companies that are bailed out, how are dividends going to work? Why don't I have a say in that? What is being done to pay down the national debt? Why isn't the American public being told to reduce debt, and live within their means? Wouldn't you say that an equal part of the equation is that people borrow beyond what they are able to pay? In my estimation government could play a greater roll in not allowing loans that are unlikely to be paid back. If we simply pump more money into the system and eventually get back to where we were 5 years ago we will be heading back to the same place.

There'll have to be a big conference after the worst of this is over and governments will forge a new global economic structure to prevent this from happening again. Lots of regulation and oversight. So the NWO will look a lot better than the OWO.

Forget about getting your money back, you've just started paying for all this. It's going to cost trillions.

Forget about paying the national debt down anytime soon either.

71% of US GDP is consumer spending so nobody wants the US consumer to stop or the economy will tank. We can worry about how much debt they owe when the current crisis is over although we'll probably have problems there too.