Dub-Yuh says “Wall Street got drunk,” referring to the Fed/Bush admiistration-generated recession we’re in. Naturally, the obvious response by the administration is to throw a $250 billion subsidy at the “drunks” on Wall Street in the form of the Fannie/Freddie corporate welfare bailout bill that Dub-Yuh whole heartedly supports.
In light of having studied economics for the past thirty-six years, here’s my prediction: the bailout will encourage even more “drunken” Wall Street behavior in the future.
