Monday, January 05, 2009

Current events

From a letter to the Wall Street Journal today by Murray Ross, of Pleasant Hill, California:
I must have dozed off and skipped a page. Our new policy is to sell government bonds to raise cash to give to private equity firms to lend to non-creditworthy borrowers so they can drive new Chevy Suburbans down our crumbling roads and bridges, converting Middle East oil into greenhouse gases at the highest possible rate?

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