Thursday, October 02, 2008

700 Billion is now 850 Billion - smell that bacon fry.

What began as a 3 page plan to rescue the U.S. Financial system for 700 Billion or so dollars went to 150 pages in the House of Representatives, was defeated, and was revised by the Senate on 400 pages for 850 Billion, that's Eight Hundred Fifty Billion Dollars and 400 pages of red tape, and under cooked pork barrel spending.

Now we know why Paulson wanted it quick. Given enough time, Congress will fry bacon with a bill, EVERY time. Yep, sounds broke.

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