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Thursday, January 29, 2009

Wall Street Bonanza

According to a NYT report, "Obama Calls Wall Street Bonuses ‘Shameful’" referring to the $18.4 billion estimated to be paid out to the bankers. Obama thinks that calling these crooks names will make them do better, while he hands them more bailout money.

Given the state of the economy it is interesting that all House Republicans opposed the stimulus spending bill. I overheard one Republican suggest that the bill will not create jobs, but giving $5000 vouchers to all will.

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