$700 billion bailout

[landmammaldolphin]

You know....other GRD listeners may have caught this....I couldn't help but find irony in the guys talking about the bailout and then going to break...only to run a commercial of a company that allows you to get loans 'possibly for more than your house is worth' when banks turn you down.

Yep, pretty ironic.

I personally feel that the market has been riding high on the backs of the corrupt companies like the one referenced by Howie and the banks that we are seeing go under. If we truly want a "free market" economy we have to let those companies fail as it's the only way that the market will cleanse itself of the poison so to speak. These companies and banks deserve to fail and should be allowed to IMO.

This is not only showing that the market and housing is over-inflated, we are already seeing the effects at the pump. Gas is down almost 50 cents in West Michigan and I am starting to hear about vehicle and other goods dropping in price due to the economic downturn.

This is simply the market correction that needs to take place to make sure our economy remains stable in the long run. It may sting right now but I feel it is necessary to let the markets correct themselves.