Thursday, January 29, 2009

"It has to be done quickly!"

Does this ever end? The new bailout tab looks like it could cost $2 trillion.

We know that the supposed capital of the banking system is less than $1.4 trillion, so that means the tab of the bailout we be at least $2 trillion, because the banking system is insolvent.

So Barney Frank says, that there is a bunch of ideas, but we have to spend this $2 trillion on a plan "quickly!"

Treasury, who wants to do something quickly, said "while lots of options are on the table, there are no final decisions."

But heck, it's not there money it's yours. So do something quickly!

It's only $2 trillion!!!

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