Awww, Freda, 's BOOFUL!!!


President Bush is clamoring with some desperation for bailout action.

Not to discourage intervention, but I wonder if this would have been different if Bush had beren raised on more rigorous principles about not wallowing in debt, being frugal, or at least living within your means. He must know, at some level, that he has been part of the charade that ultimately has crashed the markets for credit and for equity, by running the nation on a course of deficit spending and hollow economics. He's "the decider", and this was one of his decisions: the ration of paper to actual value is not important.

Surprise, George. Ethics matters.


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