Tuesday, September 30, 2008

I think Jay Fitzgerald is on the money:
I've generally gone back and forth on the plan's merits, tilting toward the Warren Buffett/Andy Kessler view that it could end up making money for taxpayers, not to mention saving the economy from possible ruin. But the sight of jaws dropping on trading floors, as it dawned on them that the anger Americans feel is real and deep, and, well, it was a satisfying moment. Now maybe lawmakers will pass the bill after they've sent that don't-take-our-damn-money-for-granted message to those who, until recently, took our IRA,(401(k), pension, mortgage and taxpayer money for granted....

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