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$700,000,000,000
The New Deal never acted so precipitously on such a scale. Treasury Secretary Paulson, asked about conservative complaints that his rescue program amounts to socialism, said, essentially: This is not socialism, this is necessary. That non sequitur might be politically necessary, but remember that government control of capital is government control of capitalism.
-- George F. Will for The Washington Post
Congressional hearings are in earnest for a more comprehensive $700 billion dollar bailout of Wall Street. As if that weren't bad enough, I'm afraid that they will be back next spring crying that they need another trillion and a half that would really solve the problem, but then China won't give us the money and we will just start printing worthless dollars.
For debate: This administration has fucked us deeper and harder in the ass than any administration in American history, taking us down from being the world's only superpower to being a second-rate country.
Heck of a job, Dubya!
-- George F. Will for The Washington Post
Congressional hearings are in earnest for a more comprehensive $700 billion dollar bailout of Wall Street. As if that weren't bad enough, I'm afraid that they will be back next spring crying that they need another trillion and a half that would really solve the problem, but then China won't give us the money and we will just start printing worthless dollars.
For debate: This administration has fucked us deeper and harder in the ass than any administration in American history, taking us down from being the world's only superpower to being a second-rate country.
Heck of a job, Dubya!