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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: jpk1 who wrote (191016)	3/16/2009 2:57:55 PM
From: geode00	Read Replies (2) \| Respond to of 306849

"Today’s rally came after finance chiefs from the Group of 20 nations vowed to work together to help global banks recover from more than $1.2 trillion in credit losses. Bernanke said in an interview broadcast on CBS Corp.’s “60 Minutes” yesterday that if the government succeeds in stabilizing the financial system, the recession will probably end this year and the economy will expand in 2010. " bloomberg.com Hey, sounds like more bailout money because, the government is still in pleading mode. What? "Treasury Secretary Timothy Geithner urged banks to “go the extra mile” and keep credit flowing to U.S. businesses, saying that refusing to make loans will worsen the faltering economy." bloomberg.com ------------ Earth to Ben and Tim, these aren't credit losses, they are gambling losses. Since when do we bailout gamblers and then plead with them to help the country after we have given them the country's money? Does this make any sense?