well the banks necessary to save the system
if they have to man up the banks completely implode and full blown chaos insues.....even all this shit isn't gonna get lending back up to normal for a while....but it allows them time to unwind their zombie market they created......
i hate all the shit they doing but i really don't think anybody quite understands what happens if they don't act.....it would make the 30s look mild as our 62 trillion derivative market implodes
lehman implosion created an estimated 600 billion in losses
we'll get to reform and ending the fed or at least regulating it later
they can't stop the depression they just can't
all they can do is throw money at failing industries like auto to give people a job and pension for a few more years dragging out our pain......rather than manning up right here and now....getting our teeth kicked in....and start investing in our future....rather than trying to save shitty businesses