Wednesday, September 24, 2008

Bailing out: Oh, this just brings joy to my heart

Bailing out
Originally uploaded by Leonard John Matthews.

Frank Ahrens from the Washington Post tells us Bailout Could Deepen Crisis, CBO Chief Says: Asset Sales May Lead to Write-Downs, Insolvencies, Orszag Tells Congress. Great. Add this to the list of woes which includes fat cats from Wall Street pocketing millions and feeling no pain, while their companies, which they drove into the ground, fold underneath the weight of bad debt, and middle America suffers like nothing we've seen for sixty or seventy years.

Joy. I can hardly wait.

No comments:

Post a Comment