He just doesn't seem to get it, does he?

When credit markets FREEZE, it means something ... the market is trying to tell you something. I will try to translate the message for the people in Washington because they are the only people in the world that don't seem to get it:
"It tells us that people shouldn't be borrowing any more money."
Does that make sense?

Well, if the US government wants to "interfere" in the marketplace AGAIN by "opening up" the credit markets, the consequences will be HORRENDOUS / PANDEMONIA!
First the 700 billion, then the rate cut, is there anything left to destroy the markets any more? Yes, opening up the credit markets.
This government can't do anything right.
I am now 100% certain that this government is not dumb at all, this administration is destroying this country deliberately . They must have some hidden agenda because no government can be that ignorant! Who advices these people?



"the tools necessary": I think he is referring to a printing press...

Wouter Bos, Finance minister of the Netherlands, talking (in Dutch) about the US government:

Translation: "The people of the US government were hardly there at the meeting and when they were there, they didn't want to take any initiative. I came across too many Americans here, that don't seem to get the importance of this situation. They think it is related to mismanagement at a company instead of trying to consider some rules about how to control markets and an industry. The worst possible time for an "inactive" Us government is now. You would hope that everybody would learn from their mistakes and that the Americans would try to do better next time. But that is not happening at the moment".