More Bailouts

It seems the $700 billion bailout signed by Bush last week is just the beginning of the federal government's involvement in the financial markets.

• Fed issues statement saying it was going to buy up short-term debt companies rely on daily.

• On Monday, the Fed announced that it would once again redouble one of its key emergency lending programs, increasing the size of its Term Auction Facility to $600 billion, from $300 billion.

• To pay for all this, the Fed has no choice but to keep printing more money.

Printing more money, that's what our economy has sunk to. Printing more money will devalue the dollar even more.

Why do we even call it a market anymore? Federal involvement is to the point that we really should start calling it a planned economy.