Billy Hoyle

With all of the media focus on the American Economy at the moment, I stumbled across this thread and thought it'd be a good idea to put it back out there to see what everybody's opinion is.

My humble, largely uninformed opinion is that there is no need for all of the fear and panic we are seeing and that the market will eventually bounce back.

However, one thing that that really pissed me off was that it seemed like Congress was playing Election Year Politics last weekend in regards to drafting the "Bailout" Plan. McCain's play might have been genuine, but he should have known that it would be viewed as a political ploy. I still can't understand and have yet to hear it explained, but I can't understand why Pelosi was unable to convince a dozen of her Democratic colleagues to vote for the original bill.

Thoughts?