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[Clansgian AT wmconnect.com]

You know the scene in the swashbuckle, adventure, or war movie.  The 
protagonist is defending against overwhelming odds, certain doom, he draws 
his pistol 
and begnins shooting.  Bang, bang, bang, ..,. click, click .... then in an 
impulse of desperation, he throws the gun at the rapidly advancing enemy.

That's what's just happened.  As many, moi-self included, have opined, those 
thrice weekly announcements that the Fed was injecting $60B then $100B 
dollars 
was the first few rounds, then they forgot to count the shots as the last 
bullets in their gun were discharged at AIG, Fannie, and Freddie.  

The bailout passed and signed today it the frantic, last ditch, ineffective, 
and panicked throwing the gun at the enemy.

-----------------------------

Now, financial reporting is a curious thing.  The rise and fall of stock 
values seems to have no basis in reality and the most idiotic news sends the 
numbers widely up and down.  Even with no dog in the fight, it's amusing to 
read 
them in times like these.  And they've gotten to the point that they go 
something like this:  "Stocks soar today as CEO finds 37 cents in the pocket 
of his 
spare pants."  "Stocks plunge today when company vice president learns the 
Wendy's coupons he was going to use for lunch have expired!"

The most amusing have been the analyses that appear in groups of four like 
this:

Stocks higher on the fact that A didn't happen.
Stocks lower on the fact that A didn't happen.
Stocks higher on the fact that A did happen.
Stocks lower on the fact that A did happen.

Yeah.

Recently it has been this heinous bailout bill.  Over the past week these 
comments acutally appeared on some of the financial news sideboards:

Stocks higher today on prediction that bailout will be defeated.
Stocks lower today on prediction that bailout will be defeated.
Stocks higher today on prediction that bailout will be passed.
Stocks lower today on prediction that bailout will be passed.

Todays tag was a jewel. "Stocks sharply lower on economic news inspite of 
bailout."

Yeah.

Fact is the economic news all broke early this morning and DOW was up more 
than 300 points in the afternoon.  Then the very moment the bailout was 
signed 
into law, it began to drop losing 486 points by closing.   

The big IF has been, what if the bailout doesn't "work"?  Of course it can't 
"work", it is a PR job to try to keep the crumbling economy intact until 
after 
the election.  And it isn't working.  We (collectively) have now shot all our 
rounds and today we threw the gun at the enemy.

If McCain had any savvy, which apparently he decidedly does NOT, he would 
have stuck with his previous guns of 'no bailouts' and squarely opposed this 
bill.  Then when the economy sank, he could say "See, I told you, I told you 
I am 
the maverick, I'm the only one who stood firm agaisnt this and now 
seeeeeee....."

But he didn't.  Flippin' idiot!

Now we ride out a depression or else the government does what it did in 
Germany in the '30's, what Argentina did, what Brazil did, and what recently 
Zimbabwe did ... we keep bailing out this and that until the currency hyper 
inflates 
and, like Zimbabwe, we start issuing $100B dollar bills and it takes fifty of 
them to buy a loaf of bread.

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