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Monday, September 29, 2008 

Reason prevails

My position on the whole "$700,000,000,000 bailout plan" thing is probably best represented by Fred Clark, so it should come as no surprise that I am very glad it got shot down. I'm not necessarily saying any bailout is going to be a bad idea, but this three-page wonder was such a piece of shit that passing it probably would have been a cure worse than the disease.

But a lot of time and research went into coming up with that $700 billion figure - oh no wait, "We just wanted a really big number". Bunch of geniuses really.

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Ian Mathers is a freelance writer whose work has appeared in Stylus, the Village Voice, Resident Advisor, PopMatters, and elsewhere. He does stuff and it magically appears here.

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