Tuesday, September 30, 2008

We Are So Screwed!

Bad News For The Bailout

In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."

I think we would be much better off just to let this thing play out. Yes, it will hurt, but these people trying to fix things don't really have a clue and anything they do will merely postpone the inevitable.

Alternatively, they have created the crisis from which they are trying to "save us" in order to transfer more power and wealth from the people to the elites.

I think we should choose a very large number of government officials, senators, and congressman (and women) and run them out of town on a rail.

No comments: