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I guess things could get more catastrophic, so far my house and retirement funds are down about 30-50%, I guess they could go to zero. I'm beginning to think a better stimulus for the economy would be to send a $10,000 check to every tax paying household (estimate of bailout/simulus money so far) This will probaby go to $20,000 before long. I don't think many of us will benefit from the trickle down theory of bailouts and stimulus packages or the $12 per week tax cut. I guess when you think about it nationalizing our banks (and other industries if necessary) wouldn't be any worse than bailing them out.
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