Since the stock market tanked last week, the Bush administration has proposed a bailout package to save floundering banks and restore confidence in the economy.

But can we really save the economy at this point?

Perhaps it could have worked if we’d taken action earlier on, but I seem to remember that Bush originally opposed bailing out banks because he didn’t want to reward them for underwriting risky mortgages and loans.  Now he is urging Congress to pass the bailout legislation, and Congress is wanting to make changes to avoid giving banks a free pass.

Funny how things change…

The stock market issues lately have a lot of people concerned.  I imagine managed forex trading and other trading systems are feeling the sting.  As my mom commented the other night, though, “It’s a good time to buy.”  It’s just too bad the good time to buy had to come at such a price for the people already invested in the market.

I’m sure it will recover, though — before long the forex trading system will be back on track!  The stock market is naturally a variable thing, and something always happens to reassure everyone’s faith in the system.

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