The bailout will be yet another crime foisted on the American taxpayer. All the reward from the “up” has been consumed – burned away like the vapor it was – and now the risk, the cost of the “down” will be borne by us. Privatized reward; socialized risk. Tonight, House minority leader John Boehner called it a “crap sandwich” — that he plans to vote for anyway. It’s a really bad idea for many reasons – not the least of which is: it’s not going to work.
28 09 2008