I was just wondering... what do you think it does to an economy to have $700 billion just lying around? To have a Congress with a pile on money say, "Gee... whatever will we do with all of this cash?"
You think it might encourage people - like, say, automobile manufacturers - to want it? To come up with reasons they gotta have it? To fly their private jets out and get it?
Yeah, that's what I thought. This is turning into a great object lesson of what NOT to do in a financial crisis...
Thursday, November 20, 2008
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