Monday, October 27, 2008

IF A PICTURE IS WORTH A THOUSAND WORDS, IS A CARTOON WORTH $700 BILLION?

(Or isn't it $850 billion now?)

H/T Barry Ritholtz

Anyhow, in a related development, check out this link, an A.P. piece about lobbyists and the gang lining up for their share of the Paulson Pie (H/T Cunning Realist). And as you'll see, this ain't a one-party show. The trough is open and everyone's looking to dig in. Mmmmmm, good. Free money sure is tasty.

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5 Comments:

Blogger Smitty said...

about lobbyists and the gang lining up for their share

Those damn lobbyists. They really are responsible for the downfall...

...oh, wait. Best not bite the hand that feeds me.

10:15 AM  
Blogger DED said...

Nice! Sums it up quite well.

The fact that my Congressman voted for the bailout really rankles me. It's causing me to second guess my decision to vote for him next week.

1:14 PM  
Blogger Agi said...

Matthew Lesko was right. There is such a thing as free government money!

9:45 PM  
Anonymous Anonymous said...

Can I trade in my gold stocks for some $$$$$?

Applesaucer

6:28 AM  
Blogger Mike said...

Can I trade in my gold stocks for some $$$$$?

I'll buy 'em.

Not sure the gubbmint will though. If someone told me the treasury was shorting gold and gold shares it wouldn't surprise me.

6:47 AM  

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