Meredith Whitney - "The government is out of bullets"

I like her comment on the government having paid a huge role in the capital markets and think they are out of bullets.

I'm not sure I agree totally with her on that point (with the no more bullets), but whatever they do (The government) it will come back to hunt them later in some form or an other.

She is absolutly right in her point aboute the crisis at the State level and that the consumers has not felt any positve effects from the government bail-out, as there was nothing there for the consumers.