Posted by
John Finnigan on Tuesday, March 24, 2009 8:33:08 AM
Toxic asset purchasing?
Didn’t candidate Obama, during the campaign, speak critically
of Senator McCain’s toxic asset purchasing plan? Senator Obama called it
wasteful.
For those of you who bothered to read my ranting last fall,
everything I predicted has come true thus far. The economy tanked even more,
and trillions spent haven’t helped. The one thing I thought might help,
purchasing toxic assets may now in fact help.
It only took several wasted trillion dollars to figure that
one out.