Good Money after Bad

When an investment goes south and yet the investor keeps pumping cash into it 'in hopes' that it will turn around - that's sometimes called, "throwing good money after bad."

That idiom perfectly describes the recent actions of the Government.

Pitiful business decisions were made. Multiplied millions lost. The the Government steps in and "throws YOUR good money after bad." 700 billion worth.

So, you've lost your retirement and now your children have an additional 700 billion tax debt to 're-fi' somehow.

How did it help?

The stock market has continued a triple digit fall for six days in a row. 20% of total market value lost in just seven sessions. 40% lost in the last year.

The 'Candidates' are saying that this is just the beginning.

Paulson now suggests the Government buy into banks - bad banks and good banks.

Let's see - the banks owned (even in part) by the Government...

I think my first book will be "The Venezuelazation of America"

I feel confident that the title is available.