No Bailout!

Bailout talks in disarray

High stakes talks over $700 billion rescue end in chaos, one day after President Bush warns 'entire economy at risk. [Click]

Good thing the Republicans stepped in (that's kinda funny), The Democrats are trying to sell us down the river. We're being convinced this will save the economy? This is going to save the ass of all the lobbyist and constituents of the Treasury Department, The Federal Reserve, and the Bush Administration. These are tax dollars! While banks may be able to lend again we'll be paying for this bull shit until they're able (IF they're able) to pay it back. I knew these two clown colleges couldn't come together for a bake sale.

JPMorgan buys WaMu

In the biggest bank failure in history, JPMorgan Chase will acquire massive branch network and troubled assets from Washington Mutual for $1.9 billion. [Click]

The company started by a key proponent for the Federal Reserve System bought Washington Mutual. They're really going in. Good time to monopolize an industry. During a crisis.