Monday, September 29, 2008

Millennium Bug 2?

Are fears of total economic collapse following the rejection of a $700bn bail-out package spread by the same people who feared the millennium bug!?!

1 comment:

Mark Wadsworth said...

*sigh*

As some bright spark pointed out, if Paulson et al hadn't been threatening doom and apocalypse were the bailout to be rejected, nobody would have been worried about it, so it's a self-fulfilling prophecy.

As FDR might have said "The only thing we have to fear is Hank Paulson himself".

Haven't these morons heard about 'debt-for-equity-swaps'?

*/sigh*