Tuesday, November 18, 2008
More bad news
Paulson and Bernanke on the Hill...
Defending the $700B bailout... while Pelosi gets ready to honor her contributors by pushing through a bailout for the automakers.
Just as Paulson's efforts have protected his buddies on Wall Street (and done very little else), Pelosi now must return the favor. Never mind the fact that with the overhead of pensions and health care costs none of the automaker bailout billions will save even one job.
A politician bought and paid for is as good as gold in times of great need.
-ski
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