Well... since the bailout is not going to fix much, a radical restructuring of the financial system will still need to happen. The scary thing is not what happened to Wall St. - the scary thing is what was happening in the commerical paper markets as a result; that would have directly impacted things like our payroll. So, as someone who has a laughable 401k and depends on the paycheck, I don't mind the added cost (and if it forces us to get out of that stupid war faster, it may actually be a wash :)
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Date: 2008-10-09 02:42 pm (UTC)Frendimsya s udovolstviem