Wednesday, October 15, 2008

One lumps or two?

WSJ.com:
What Paulson Is Trying to Do: Banks need a capital injection before they take their lumps.

I thought the Feds were just making up money lumps as they go along. You look at a bank's bank account and say, "stick a couple more zeros behind that one, will ya?" Presto change-o. And this before the Socialist take over.

A trillion here. A trillion there. I'm gonna check under my bed: maybe money appeared.

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