Copacabana

A note on the economy

Alright look, I don't love the idea of Socialism for the wealthy either but people were starting to panic and I don't think anyone wants another Great Depression, now do we? And I mean, after 17 trips to the floor -- 17 people! -- there was little else that could be done.

But you know, I'm open to suggestion. If someone can provide me another option that would have stemmed the wave as effectively I'd totally love to hear it. The mere mention of the bailout has started to change the numbers and I think the final iteration of the plan will be less dramatic because things will have a stabilized a bit. Which, really, is kind of the genius of all this. Read between the lines. Politicians do and if you want to understand what's happening you have to as well. And stop panicking. It doesn't help.

My pops even predicts that it may not cost as much as everyone's griping about because all that worthless real estate that is the tragic consequence of the failed social policies that got us here, once things do level out a bit, won't be so worthless anymore and the government can begin auctioning off its equity.

It's really not that complicated so quit mucking it up with all your passion and prejudice. Geesh.

UPDATE: Here's HotAir's take, which at least offers some stabs at other options and iterations of the plan. I guess what I'm saying here people is that being all high n' mighty about it is pretty weak if you don't at least offer an alternative path. It's just bitching into the wind...

posted by Lola @ 1:46 PM