And the hits just keep on comin'...

Well, the good news is that the American people are pretty pissed off about this whole bailout deal and will probably go medieval on pretty much any politician who actually votes for it. Which doesn't mean Democrats won't still be suckered -- they are, as has been famously said, experts at snatching defeat from the jaws of victory -- but perhaps there's hope.

The latest developments:

  • People have gotten suspicious about the timing and the push to get the bailout approved. Turns out there might be even more reason to be outraged. For one thing, apparently this plan was put together months ago. Kind of puts the lie to the whole "this is an emergency" notion, huh?
  • The bailout included not just banks in trouble, but banks that aren't in any trouble and are, in fact, quite flush. And, as if that weren't already ::headdesk::-worthy, it included foreign banks. That sound you heard was the collective "WHAT THE HOLY HOPPING FUCK?" voiced 'round the world.
  • Paulson told Congress that of course they want oversight! Despite the, you know, article in their proposed bailout that said expressly the opposite. In other news, Happy Opposite Day!
Some quick reads about why this entire "crisis" could very well be manufactured:

No comments: