There is a tremendous divide right now between the alarmist Bush administration rhetoric and economic reality. Not unlike their reactive approach to Iraq, Paulson has come out guns a blazin’ and a huntin’ for the evil doers that he can blame for this mess. “Heli-Ben” has his back and is right there willing to drop free moneys from the skies even though the last thing you should be giving to American junkies is more cheap money to borrow. It’s time to take a deep breath. Look at the charts and do the math. GDP in the USA for Q4 is going to be flat to negative, while inflation is going to be up. That’s called stagflation, and you need to raise rates (or stop cutting them) in order to stop it.