Friday, October 3, 2008

Bailout Abomination!

I was hoping that Congress would implement some oversight measures to ensure that Paulson's $250bil "slush fund for buddies" is used properly. Instead, the Senate adds tons of irrelevant (and wasteful) "pork"! The only good thing about the Senate re-jiggered bill is that it increases the FDIC limit from $100k to $250k.

Jeez! Congress's moment to shine and they end up looking no better than the Wall Street criminals that got us in this mess... Nice!

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