Now The Government Is Making Money?

If you buy something for less than it's worth, you have made a good deal. You can sell it for a profit.

The AIG deal is potentially very profitable for US. Of course, being a Federally overseen deal, look for lots of fraud, waste, and abuse.

But now, we're going to spend the better part of a trillion dollars to buy up all the bad debt out there.

Consequences? What consequences? Hey, buddy, you need a loan?

I'm sure there is a way out of this mess where we didn't just lose $785B, but I bet we don't get it done properly.

Especially with Ms. Pelosi holding up progress nicely.

I have a headache.

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Edit/Update: Now it comes out, the administration wants to include other sh*tty loans. Car loans, credit cards, etc.

Note to productive citizens: you keep pulling the wagon faster, we're just going to toss a few more tonnes of rocks on it. Nevermind the people looking on from the sidelines, they don't need to pull their wagons, just you do.

What a bunch of jerks. Maybe we need a good long depression to teach us what the [deleted] money is for. Of course, every time we have one, people look for more market regulation which is what got us in this fix in the first place. I guess if it fell down we'd probably go straight for socialism, since people won't pick up their own empty brass anymore.

What a mess. These people need to read their Bibles: Proverbs 22:7 says the borrower is servant to the lender. But then we're not training the children up in the way they should go these days, either, so how would anybody know what to do anymore?