I missed Levin tonight. Mark Simon was subbing so I tuned in Hewitt.
Hewitt wants the damned deal.
I am on the fence. I think maybe we can weather it.
I do too.
The more I think about it, the more I believe it has more to do with protecting funding for politicians and buying voters.
I really don’t believe it will help in the long run.
Might even make things worse.
IMHO, it’s nothing but crap.
The people who are pushing this the most got the most money from Freddie & Fannie via political contributions.
That alone makes me question it and putting Paulson in the position he holds was dicey from day one.
Three Bank Monte!