Friday, October 3, 2008

Miss Polk has

By now you know that Congress caved to fear mongering and passed the bailout, 263-171.

Of course I understand it would have been hard not to. But it is still a bad idea. It's a shell game, a con, and things got much worse because the administration and its cronies created a climate in which there was no confidence in the economy -- so, it became a self-fulfilling prophecy. So, we've nationalized at $700 billion in bad debt and helped those who deserved it least.