Thursday, September 25, 2008

Bailout looks even worse up close

Read through the transcript of Bush's address from last night to review the details. Some key points. 1. He expects us to make back all the tax dollars invested. Last I checked, an investment that breaks even sucks. Why not just stuff it under the mattress? 2. His stated goal is to maintain the ease with which we can borrow money. Isn't easy credit a core problem of this mess?