Bush addresses nation at 0745 EST

[anigbrowl]

ie before the markets open. I am betting on an executive order granting spending authority to the treasury for the duration.

http://www.reuters.com/article/bondsNews/idUSN2941323320080930

Discussions about 'fascism! takeover is complete! etc.' are better suited for GD. Please abstain from posting unless you have economic arguments to make instead of one-liners and rants. Thank you.

[Adsos Letter]

1. Have mercy, I am a neophyte on economic matters....

...would an action by Bush of the kind you suggest allow the treasury to essentially begin "printing money"...would it spark heightened inflation, depending upon the length of time the situation remains unresolved?

[anigbrowl]

3. No; the fed prints money. This would increase debt

Though I see he only begged lawmakers to do something quick.

[FlyingSquirrel]

2. Fascism! Takeover is complete!

:P