Crumbling markets, very deep recession in the US, failure of Bushonomics

The Fed's lowering of 75bsp last week gave world markets a breather. Asian markets and European bourses regained in a day or two of trading lost ground. Herr Bush spoke glowingly of a debt relief package for the US, and the wonderous effect of the Fed's panicked decision to cut the prime lending rate so dramatically. Well, it didn't world. World markets are crumbling as we speak out of fear for a very deep recession in the US. Dolthead Bushonomics have failed all but the super rich, his cronies, and his vermin. His acolytes at the Treasury and the Fed have come up with the same old nostrums which won't do a tinker's damn for the economy in the US nor the markets abroad. Mini mouse Bush's surrogates and even he will tell you the fundamentals are basically good, but that's hawking snake oil. They won't attack the problem at its root, so the crisis will go from bad to worse, one day after the other. The subprime scam triggered off the scrambling for a safe economic port in a raging storm. As such the mighty US has had to put into hock or sell off its prime economic and financial jewels. Herr Bush remains unperturbed, believing in the long run history will prove him right. He talks endlessly of the example of Truman, but no Truman ain't he. He and his neo conservative agenda in war and peace is a disaster, and for that he will go down in history. He's a failure, and ain't that the truth!