Friday, September 26, 2008

I want your money

The latest issue of the Economist has a cover graphic that says it all :-)

Excerpt from the lead article:

Spending a sum of money that could buy you a war in Iraq should not come easily; and the notion of any bail-out is deeply troubling to any self-respecting capitalist. Against that stand two overriding arguments. First this is a plan that could work (see article). And, second, the potential costs of producing nothing, or too little too slowly, include a financial collapse and a deep recession spilling across the world: those far outweigh any plausible estimate of the bail-out’s cost.

Interestingly, Paulson is "caped" in this Daily Show satire too :-)

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