Ping!
What I heard originally was that we were very close a colossal meltdown, and Congress had to approve an $850B bailout package -- ASAP!
It was approved, but stocks continued to slide and the financial crisis still loomed.
People began to be angry that they had approved this useless bailout so quickly.
Experts appeared and said, "These things take time! We haven't actually spent the $850B yet! Wait!"
Now I'm hearing that Congress needs to approve about $300B more -- ASAP!
Yeah, someone's making a monkey out of us.
How to catch a subprimate mortgagee: Put a for sale sign on a house. Tell someone he deserves the house as a fruit of his labors. When the he puts his hand out give him some money. When the mortgagee finds out he has to give the money back he can't get out debt. Smack the taxpayer with a big “bailout”.