The discussion of the so-called ‘crisis’ as the lack of available ‘credit’ is silly. If the rich don’t want to lend their money at interest, then what will they do with it? They will have to put it into ‘investments’ with lower returns, like the banks. One way or another, the money will flow. It is not going to be put under a mattress.

Confused? This crisis is not among local savings banks, it is among the massive investment banks. The investment banks have been living high based on their ability to screw people (including the investors, not just borrowers.) The $600 Billion will get sucked up in a short amount of time if they get their hands on it. Michael Moore calls it a raid on the Treasury, but the treasury is a black hole. It is more accurately characterized as privatizing money.

The missing story is that there is no need to 'save' the financial services market.  This bill is nothing but a public works project for bean-counters.  

Unfortunately, this bill cannot work mathematically, and it will make the long-term problems worse.  In their defense, however, they are doing nothing new with this bill.  The government's solution is always to print more money when there is a financial crisis. This is much ado about nothing, in some ways. There is no urgency to raise the debt limit, but raising the limit has been the traditional solution.

The Bush family sure knows how to screw up the economy, don’t they? When will they ever learn? I have no idea why Bush made this into a crisis today, when he could have just as easily waited (like his father did with the S&L bailout.)

The other untold story is that the middle-class have brought this upon themselves. Blaming the managers is easy, but the customers have created the opportunity. All those 401K’s that the unions have created have come back to the same workers as inflation and deflated valuations of stocks and real estate. What goes around comes around. If 2+2=5, the 5=2+2 eventually.