After almost eight years of nothing but bad, Bush finally does something right; and just in time for Xmas.

President Bush, going against the Republican party ( I would have said "his party" but that seems debatable) finally did something right as the decider in chief and ordered a bail out of the auto industry. The bailout may not ultimatly help, but can hardly hurt and will certainly give the needed financial and psychological boost to the overall economy and the stock market.

I am sure it pained him, as a free market republican, to go out on a somewhat socialistic note, but he still did the right thing.

Lesson learned for these economic times? Lets not stand around and hope that free markets will work everything out and make everyone rich and only jump in when the obvious becomes obvious.

Economic history does repeat itself, because human greed will never disappear. Bubbles, which by their nature will bust, are created by greed and lack of regulation. Why is that so hard to understand and monitor?

Hopefully this new administration will keep this simple principle in mind.