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How to Prevent a Second Great Depression

By Jim Cramer

About this article:
Editor's note: Jim Cramer will present his 2009 stock outlook for the first time at TheStreet.com Investment Conference on Saturday, Oct. 25. Click for details. In this horribly negative, whatever-can-go-wrong-will-go-wrong era, it is only natural to presume that the $700 billion Troubled Asset Relief Program legislation will do nothing. But on the off chance anyone is listening, I think there's a way to make the legislation do something (even though I don't think it will send the stock market higher). I think it could: 1.) Limit the Dow to a fall to 8,400, rather than one to 5,000, and 2.) Keep the coming depression -- no, it won't be a mere recession -- shorter than the Great Depression. With that low bar in mind, let me tell you what I would do if I were coordinating the package at Treasury -- and I would take that job in a...

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