Gold a haven as Government screws economy!

According to the ticker at WSJ.com "The rising price of gold says investors are starting to freak out over governments' response to the credit crunch." (emphasis mine) Obama really needed that stimulus passed right away so that the markets could get back to normal.

No surprise that government intervention is causing such havok. Obama et al. should have read the writing on the wall when Treasury Secretary Timothy Geithner's recovery plan was greeted with negative market action and as the Dow fell 5.1% to 7850.41 since Obama and team "unveiled it's efforts to aid the credit markets" (WSJ - C1)

If the President and Congress actually held to the 48 hour waiting period to review the biggest spending bill in history - as Congress voted unanimously - perhaps some of the damage would have been mitigated by better knowledge and stripping additional pork from the bill.