Dec 2, 2008

Now I'm No Economist, But...

$8 trillion in bailout commitments, divided by 155 million tax returns filed this year, equals approximately $51,600 for each and every individual or family taxpayer in this country. Think that stimulus would do more than giving banks money because they realized that all of their fake money was fake? Seriously.

Also I want to know if anyone in Congress gave the bankers a hard time about their transportation arrangements, the way auto chiefs are taking heat for flying out to DC last time. Somehow I doubt it. I also doubt whether the bankers' travel arrangements were any less extravagant.
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