9/30/2008

Tossing a Drowning Man a Shark?

Ace has quoted Hot Air and added to it. Exactly how I think we have to approach this bailout thing. We cannot act like we are drowning and our friends toss us a shark. Add the insurance thingy and go for it. So we get a life vest that's not an Armani, let's get over it and do this thing. I honestly think it's too dangerous not to. Nobody is making up the interbank offered rate which now stands at a record 7%, a number that means banks flat won't lend.

1 comment:

Xiaoding said...

If the banks are on strike, then bust 'em. Open a government bank that WILL lend. To small business. NOT to Goldman Sachs.