OK, OK, so the markets are gapping up this morning because Big Daddy is coming to the rescue (wait, didn't they come to the rescue before last fall's historic drop?)(and didn't they come to the rescue before that?)(and didn't they come to the rescue before that?)
Let me figure this out. Let's say the worldwide toxic sludge ball is around 10 TRILLION...and that's conservative. So who's going to print that money to put all that into a "bad bank"??? Who??
Savior Obama is going to print about 800 billion to stimulate the economy through all manner of porkbarrel spending (power lines to making the world safe for contraceptives) and no one figures that this is a poor use for the printing press??
I feel like I'm taking crazy pills!!!
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