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THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

The Crisis Agenda

As stocks cratered on Monday and lending and borrowing remained frozen, the Bush administration rushed to implement the $700 billion bailout enacted on Friday. The Treasury Department said that it would soon post help-wanted ads on its Web site for asset managers to run the program and that because of the urgency, the hiring may be “through other than full and open competition.”

Webmaster's Commentary: 

In other words, cronies get to sign the checks.

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Posted on Oct 07, 2008 at 09:47
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