Fearful & Desperate = Obama + Media + Stimulus Package = Economy Collapse
When people are fearful and desperate they will hang on to HOPE, CHANGE & BELIEVE because they do not know what to do, they lose CONTROL.
The US economy is like a patient who are already brain dead, and the patient's relative HOPING, BELIEVING there would be a miracle to happen or hopes that there are "CHANGES" and "NEW DEVELOPMENT" in science that could save the patient. This is exactly what happen in the US and Europe.
MyView
If we look back to 911 and how George Bush and 90% American supporting the Iraq War, you will realised that 90% of the American being used and manipulated because they are fearful & desperate.
Similarly this round of mortgage & financial crisis 915 in 2008, 90% of American are fearful and desperate and will support whatever stimulus plan the US Government is providing because they are fearful & desperate.
It is ashame that so many Americans get sucked into this "mentality" that AIG or Citigroup is too big to fail. According to Jim Rogers, in the thousand years of history, big banks had failed before, big companies had failed before and there is nothing new to it, this is called capitalism, when during a crisis, the competent will take over the incompetent people. In this case, the incompetent are being bailout or helped, and the competent will be worst off because they are disadvantaged.
I suppose we cannot blame the American since they lose their control because they are fearful & desperate, hence, they have to go through a time called "DENIAL". If they sit down, with a calm mind, and find out all the facts and figures about the crisis, they will come to accept that the patient is "brain dead", the only way is to let it be and move on.
The stimulus plan or "bailout" does not make economic sense. Like what Jim Rogers said, our mother or farther never thought us to throw money into a rat hole.
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