Sporadically providing half-formed thoughts since 2006!
Monday, December 15, 2008
Message for da Gubmint
A bailout is not "stimulus". It is a bailout.
Or, more likely, a fun exercise in both pissing money down an endless sinkhole while simultaneously delaying economic progress.
Lessee, here in Canada, we've got bailouts underway for autos, forestry, mining (mining??), and shipbuilding. Oh, and an assumption of risk from the banks, who were doing just fine anyway. Who wants to guess what's next?
I'm looking forward to the Great Chewing Gum Bailout of '09.