RUN THOSE PRINTING PRESSES: Democratic Governors Want $1 Trillion.
UPDATE: “Pandora’s Box Has Been Opened.”
ANOTHER UPDATE: A hedge-fund reader emails:
I think of it as President Bush smashing the national piggy bank, and handing the contents to Obama and a harshly partisan Democrat congress.
It’s a nightmare scenario on the fiscal side, with the Wall Street debacle as context, rationale and scapegoat.
Why bother voting GOP if they’ll sell you out for nothing?
You’ll have to ask the G.O.P. for an answer on that one . . . .