Long, Slow Burn

This makes me a bit nervous. The government is buying stock in banks. They say that they’ll back out once stability has returned to the markets. Is this temporary just like the income tax on individuals? This is getting very little press I’m afraid. Why is that?

We need to let the free market work, and that means that some people will lose their investments. What part of government means that people can’t lose their investments? What part of government dictates that the economy can’t be unstable? We’re throwing bad money after bad debt, and this makes me nervous about the future.

U.S. will buy stock in banks, Paulson says