The Dow is plunging big-time today, even more than when the House shot down the initial bailout plan.

So, where is it?

Where’s my $700 billion economic security?

What happened to the idea that just passing the economic bailout would bring peace to the markets?  What happened to this idea that you could push a $700 billion button and make things better again?  Oh, yeah!  Economic systems are too complex and abstract to govern!

I said the economic stimulus package was a waste of money.  Yeah, remember that?  They said the AIG bailout would calm things down again, and don’t forget Freddie Mac and Fannie Mae.  And then the $700 billion bailout.

Stocks keep slipping, and they want more.  Hey socialists:  I’ll give you more.  More fists to your face!  Wa-pow!!!

When are we going to realize that, as we try and fail to solve problems with Big Government, and the problems get worse, that maybe Big Government isn’t quite the solution we need here?

—

One other thought:  it’s fall now.  As part of the natural cycle the Earth undergoes (thanks to an axial tilt), we’re going to have a winter with lots of dead leaves, dying plants, dead bugs, and hibernating creatures.  It’s not going to be totally fun – it will be cold and icy at times – but it’s one of the seasons and hey, there’s sledding.

When the government tries to stop market crashes that were caused by too much government, you wonder what’s next.  Will they try to stop winter this year?

Will they pass the Emergency Seasonal Stablization Act of 2008?

When it gets colder in November and December, will Bush say “It’s going to take a while“?  When Spring comes in March, will they think they’ve fixed things?

We need winter to get to Spring.  It’s just how things work right now.  And it looks to me like the markets are trying to bottom out right now.

Apparently $700 billion doesn’t buy you confidence.