TSPIntel
Member
Bernanke is regulating the banks big time. These will not lend money and they will slow the economy big time. Perhaps, this may be a big torpedo for this administration to end with a recession next year to come. The only escape to present situation would be to raise the margin on the oil future, as Cramer said, so they price of oil may sink a little and provide some economic ease that hopefully may create some jobs and some purchasing incentives. It seems that our friends in DC agreed to cut 10% (200K to 300K) Civilian Jobs to save some billions.