BAILOUT THOUGHTS FROM JERRY POURNELLE: “The bailouts continue, or at least the distribution of money. Barack Obama is now making vague threats against the Democrats if they don’t quickly vote to give him $350 billion, the other half of the mysterious bailout package that was supposed to end our problems. I haven’t been told where most of the first half went, and there seems to be little information on what Obama will do with the second half, but he assures us it is vitally needed and Right Now. . . . I don’t think that handing Obama $350 billion will save the country; but if he were to spend it by making the payments on defaulting mortgages, it would cost a lot less than what they are planning, and who knows? Maybe the horse will learn to sing.”
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