The massive bailout of the banks was necessary--I still truly believe that. But give it to the Bush Administration to allow oversight in the bill, yet not actually require it when doling out the dollars. I'm predicting global depression in the first quarter of 2009. The only thing that could stop it is the complete nationalization of the banks.
P.S. It is negative-2 degrees Fahrenheit right now, negative-30 degrees windchill! This might be as cold as I've ever experienced... Glad I don't have to leave the house today. But tempted to do so just because. :)
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