with oil heading to $ 100 bbl and gold setting new 7 year highs $850,+ 22oday.
I think the market needs to crash and burn for a while.
We (the Fed) can't continue to prop up a dead man. He needs to fall and heal. The subprime mess isn't even half over.

Perhaps it does from an economics standpoint, but this ignores the all-too-real effects on human beings, from retired people to families with children. My concern with "propping up" is that it is a best a temporary cure for a much longer-range problem (s) that are being largely ignored. Then again, perhaps you are right---a shock treatment however painful, might result in a permanent cure.
Cheers,
John

Actually I take the people into account first. I am one of these investors. I see the others who pensions get stolen by the gredy deceivers. Putting aTrillion Fed $$ into this thing as liquidity prps it up. The snakes then grab that money as they again sell into the fall. Someone has to pay this $$ back someday. Someone has toaccount for the ,perhaps million failed mortgages. After the banks say OH there is no money... You and I ( and worse our children and theirs)again will have to pick it up. These bandits aren't be held accountable.
I felt better to hurt some now and heal than to have a huge (depression like )collapse later that may take a generation to heal. Too many similarities to the end of the roaring twenties.