If the government doesn’t believe we are in trouble

then why is the Federal Deposit Insurance Corporation planning to hire 140 new employees to deal with the forthcoming wave of bank failures. Fortunately, the FDIC recently moved into a Taj Mahal-like structure in Northern Virgina–ironically about two blocks away from the Ron Paul for President headquarters–so they should be able to find room for all these new employees.

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6:59 pm on March 27, 2008