Let them duke it out.No worry here.

What got me the JP Morgan Chase paid only $286 millions for BS. The Fed had to guarantee $30 BILLIONS in bad debt. The elitists forget that we make the decisions to borrow or save.
Investment banker is a euphemism for gangster thug.
I remember your articles on Blogster with respect. You have these bums cold.

People do not realize that this is only the beginning. The rippling effects are hitting every aspect of the economy harder and harder. Last year I predicted this in a post on Blogster.

There is nothing the Federal Reserve or the White House can do. It is like a snowball rolling down a mountainside.

Each infusion of credit the Fed makes worsens the already bad inflation. That in turn cuts the dollar's value in the world economy even more. And that increases the dollar cost for energy, which completes the inflation wheel.

In the meantime, instead of allowing Bear Stearns' shareholders to take their loss like adult men and women, the Fed bails them out in the deal with JP Morgan Chase, but the people are told to suck it in and stay the course. Who bails out the people whose jobs went to Mexico and Asia? Who bails out the people whose homes are in foreclosure? Who helps the seniors whose utility costs are skyrocketing?

It is way past time for a change in government. 850 Billion went down the drain on a war that has had nothing to do with the war on terror. Our national debt has quadrupled under these morons in the White House.

Now the country must pay the real price of their macho folly.