It's going to define my generation and the next for the rest of our lives. Those of us old enough to remember the boom times of the Clinton years will have some nice stories to tell our kids.
Having said that, Obama's complaint about $18 billion in Wall Street bonuses being "outrageous" rings pretty damn hollow when economists are predicting Obama will have to lay out a staggering $4 trillion to rescue the banks.
Sorry Barack. That's a Bush-league mistake right there. That statement is going to come back and kick his ass, and deservedly so.
[UPDATE] What dday said.
There's minor value in angry missives about bonuses, but there's major value in, uh, four trillion dollars. Especially when the more elegant solution is to take over the insolvent banks and stiff the shareholders. But such things are forbidden hippie-talk.
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