Thursday, October 02, 2008

Lipstick on a pig

I gotta tell ya, those add-ons (increased FDIC insurance, some accounting changes for banks, tax credits for environmental energy sources) do nothing to enhance the basic flaw in the bailout package, namely, that it's a top-down Band-Aid of the problem, and it simply hands off to the next Congress and administration the endemic structural problems of our economy, our stock-market system and, last but not least, our political gridlock. Bush has now found a way to bail out on all the problems his reign created. Two wars, economic chaos, terrorism increasing around the globe, the US reputation in the world in the tank, and America in decline.

Thanks, Bush. Thanks, Congress. Fuck you all.

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