I wish I were smart enough to know how to fix it. Having a food fight in the Congress certainly won’t do the trick.

There’s an organization here in Florida, maybe other places, too, called “Throw The Bums Out!” Their goal is to unseat every incumbent in Congress. That might go a long way in fixing the gridlock, but I don’t know if that would help the financial markets before they start blowing up the economy.

One solution is the currently proposed solution for the taxpayers to purchase all the “bad” financial instruments to the tune of $700 billion to relieve the markets of the bad debt and free up credit. This involves the government, however, and they have a unique skill of being able to screw up almost everything they get involved in.

Another solution on the opposite end of the scale is to do nothing. Let the markets straighten themselves out. This would eventually happen and probably do it more effectively than government intervention, but the pain in the interim would be excruciating especially for those already hurting now.

Would be nice to be able to see into the future.

And by the way. Thanks, Bonnie, for the link to the Scott Burns article.