The Bailout Goes Down In Flames



Good! Good! Nancy Pelosi changes gears in this speech. After helping facilitate bailout process for a week, she goes on the attack here against this toxic byproduct of the Bush Administration.

Larry Summers was just on NPR saying that now was the time for action and now wasn't the time for educating people. But people don't learn unless they LOSE MONEY. We've got tons of moral hazard out there. Let the learning begin!

(Please leave my 401K out of this particular educational process, however.)

But like a vampire, this monstrosity has a thousand lives. Let's see what happens next!