The US Senate is debating the financial industry bailout bill.  I have listened to dozens of Senators speaking on behalf of this bailout bill.  The price has grown from $700 BILLION to $850 BILLION with a bunch of “little” extras.  These $150 BILLION of extras make the $16 BILLION of annual earmarks seems pretty insignificant.

The sad, sad truth is that this bill will not work, if you define work at keeping financial institutions from going belly up.  There are $6 TRILLION of foreclosures in the pipeline.  There are $60 TRILLION in Credit Default Swaps.  The $700 BILLION is really going to help all that.  The bailout will work if you define that are lining the idiots on Wall Street who caused all the problems with lots of extra money.

Truly, the country has gone insane because it has decided that we are not moving fast enough toward financial destruction.  We now need to do it a TRILLION dollars at a time.

America is doomed.