Fed eyes extending emergency loans for Wall Street

i can think of one thing that is hurting the economy the most, the rising cost of gas! Think the president will do anything about that? Oh, wait, he owns stock in the oil companies along with half the current administration! Want to get the economy going curb in gas prices to start. Thank the Lord this administration is done with could we actually survive "4 MORE YEARS!"? Every business daddy gave Jr was run into the ground and bankrupt, well he did it again ran this great nation into the ground, lost respect all around the globe, and probably came really close to bankrupting this country. What an awesome president he was, NOT! I would prefer Nixon back.

john wrote:

i can think of one thing that is hurting the economy the most, the rising cost of gas! Think the president will do anything about that? Oh, wait, he owns stock in the oil companies along with half the current administration! Want to get the economy going curb in gas prices to start. Thank the Lord this administration is done with could we actually survive "4 MORE YEARS!"? Every business daddy gave Jr was run into the ground and bankrupt, well he did it again ran this great nation into the ground, lost respect all around the globe, and probably came really close to bankrupting this country. What an awesome president he was, NOT! I would prefer Nixon back.

John, please! That you are upset is understandable, but get a grip! The blame points that you list are so lame. Do some homework...please?

BDS for john. So facts will never be an issue.

Facts: Probably every pension fund, large mutual fund, and any diversified individual stock or 401k plan has some energy (oil & gas) holdings. If they don't they're fools.

Facts: Financials recently made up 20 to 25 % of the capitalization of the stock market; the same class that (rightfully so) has crashed because of subprime exposure.

Without the seemingly overnight explosion of the Indian and Chinese economies, oil demand would have risen to a much lesser extent and without anyone noticing.

No new refineries, nuclear power plants, no wind farms in our back yards--lets face it--it can go on forever. He, those before him, Congress, and all of us are to blame.