Original post made by Stacey, Amberwood/Wood Meadows, on Oct 10, 2008
Just a thought... Perhaps what would restore confidence in the markets would be for Congress is pass legislation introducing more regulation. Apparently no one cares about the bail-out nor the interest rate. People want to know that the rampant speculation of the past is not going to repeat and that the embezzlers are going to get what's coming to them. De-regulation doesn't work when you have a central bank artificially controlling the interest rate. You either have a completely free market or you regulate.