Nothing is working - So STOP doing it!

February US car sales showed GM down 52 per cent, Ford 48 per cent and even Toyota off 40 per cent from year earlier 29 day month figures. Enforced salary cuts are becoming commonplace, this is on top of heavily eroded property values and ruined retirement plans in a still tumbling stock market. Going concerns are in danger of being crippled by late payments even where they have continuing trade. Some faith in Obama remains, more than can be said for his Treasury Secretary, Timothy Geithner, after failing to sell his budget before Congress over the last two days, Obama would have found more convincing candidates in this observers view among the Boy Scouts of America he visited yesterday, at least they would have had no record of tax dodging. In the UK the Bank of England appears set to turn on the currency printing presses in a few years even the ex-head of the RBS "Sir" Fred Goodwin could be struggling to get by on his pension come real old age - but where the heck does that leave the rest of us. Somebody, somewhere has to change course because it is obvious all they have done so far is not working - so for heavens sake STOP and preferably before more interest rate cuts today!