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 Continued: More On The Bailout

JayBaen
post Sep 25 2008, 11:13 AM
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QUOTE
And frankly, if there's any thought more nauseating than the possibilities that may ensue if we can't fix this thing, it's that we're living in a world where giving a moment's thought to the possibility of the president's cronies absconding with some portion of this money isn't entirely crazy on its face.

...

If there were any justice in the world, the price for the bailout would be Bush and Cheney's resignation. No, it won't happen, but it should. Instead, almost no matter what approach is ultimately adopted, we'll be throwing (at least) $700 billion into the hole with nothing but crossed fingers to guide us through. The best oversight regimen in the world doesn't help you with people who don't think they have to answer subpoenas.


JB


--------------------
Yellow Is Golden

DelphiGT

"There's nothing in this universe that can't be explained. Eventually." -- House, M.D.
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InfiniteWarrior
post Sep 26 2008, 08:27 AM
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Privatize the profits and socialize the losses.

Since 1985. As soon as I remember where that came from, I'll cite it. In the meantime, "some thoughts on the run".

Think anything remotely like that will happen? If it were January '09 ... maybe. sad.gif
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