Poor Senator Larry Craig got a truckload of moral condemnation for tapping his wingtips in the men's john, but his party proposes to spend 5 percent of the GDP to buy up bad loans made by men who walk away with their fortunes intact while retirees see their 401(k) go pffffffff like a defunct air mattress, and it's business as usual.
Garrison Keillor on the current events.
http://www.alternet.org/workplace/101694/they%27re_stealing_from_you_and_me_--_where%27s_the_outrage/ (http://www.alternet.org/workplace/101694/they%27re_stealing_from_you_and_me_--_where%27s_the_outrage/)
It's more like a bail-in. They're bailing into the boat and they won't stop.
Posted on: October 06, 2008, 10:24:50 am
It might be because the boat's on fire, too.
Nah, the boats just full of fools, idiots and crooks. Plenty of crooks.
So they get the taxpayers to take over the bad paper and they keep the good paper. Genius.
If it were just the crooks on fire, we'd be OK.