Sep 19, 2008 15:35
ugh, call your representatives if you are inclided. do as much bitching as possible. 500+ billion dollars worth of bailouts now (emphasis on the "+", guess who gets to pay for that? you do. i'm not sure about you but i'm not really down with backstopping the fuck ups of the top 1% income earners in this country when i'm still scraping change for food. those 100 million dollar severence packages? better get out your check book.
I will tell you this, there is more to come. banning short sales, even temporarily is going to be the straw that broke the camels back as far as confidence goes. I spent all day trying to figure out what to do with my grandmas meager retirement savings, which she had in an AIG annuity. There really isn't anywhere to put it right now that is remotely safe.