Treasuries drop more than stocks; idea to reduce unemployment - outlaw volunteerism

Beware the dangers of speculation!

(Treasury Sec. Tim Geithner talks with people after speech.)
Although major media has reported that stocks dropped dramatically while treasuries remained strong, the figures suggest otherwise.

According to CNN Money, today the Dow fell 5.6%, NASDAQ plummeted 6.9%, the S&P fell 6.7%, but U.S. treasuries had the largest hit - 8.6%.

It is unclear what this will mean to the U.S. and global economies.

Others are looking for President Obama to do something, but one wonders what the president can do to make the stock market and treasuries rebound. Stocks are risky, sort of like gambling, and maybe this is a wake up call to the rich that they should steer clear of the market right now. The poor and the unemployed do not have to worry about losses to their 401k or stock portfolios. The homeless are not worried about mortgage interest rates.

Meantime, I have a new and copyrighted plan to put Americans back to work: eliminate volunteer jobs and offer them to the unemployed. Asking folks to work for free is akin to slavery anyway and leaves one job closed that could have been filled by a person needing living wages. 
©2011 Tomi Johnson. All rights reserved.