Do you think that the recent financial shakeups (e.g., Fannie/Freddie, AIG, Bear Sterns, et al.) are part of something much more sinister?
by 
Scott D - ex-QnA
ANSWERS: 6
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Hmmm. It did cross my mind. I was thinking, "why are these things happening a few months before the US presidential elections?" Well, I'm not really a fan of conspiracy theories, so I have dropped that thought and decided to think about positive things :)
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The timing of it could have been better, but such things happen. It was unavoidable.
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Yeah, with the Cubs and White Sox bound for a Chicago World Series and Brett Favre going to the Jets, it's trying to distract us from the next big happening in sports. Maybe, just maybe now, somebody is about to blow the bubble and expose the truth behind professional wrestling and its ties to NASCAR who, as we all know, run the sport of Curling in Iceland which, no coincidence here, actually isn't land made of ice. Hmmmmmmmmm.....
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Money could be made worthless if we keep printing it this way.
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Unlike businesses, governments use "cash" instead of "accrual" accounting. This means that the government does not report future spending promises like Medicare and Social Security, or even future spending guarantees like veterans' benefits and federal employee pensions. ref: http://www.buzzflash.com/articles/alerts/105 Factor this in and you add another $50 trillion or so more to the U.S. National Debt.
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They should be completing the FBI investigation concerning wall street before they even consider a vote on any bailouts!
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