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Well...

...DeLong believes that the bailout is going to be profitable, and he appears to be their chosen blogospheric spokesbeing. So their math tells them that the bailout is going to be an investment opportunity for the public.

...

HAHAHAHAHAHAHA!

left something out

should under the Dept. of How stupid do they think we are!

Heh

Your wish...

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

So is

DeLong going to empty all of his accounts and dump it into bailout bonds?

There ought to be a rule that if you advocate in public then you should be required to put everything you own and everything you can borrow into that which you advocate. I mean it's a cinch to be a money maker, right.

Heh

Well, he could argue that he has his money in things that are even more profitable...except he does say that if the bailout doesn't work, we face the real version of economic armageddon.

Well, it swounds like this:

http://www.correntewire.com/11_dimension...

It doesn't necessarily require ownership in it, but merely the possibility of ownership in it to give it a pass in the public's mind. But not in mine! An assessment of the Obama people's use of behaviorism has to be made.

Actually, what it does...

... give another kick in the ribs to the idea that we're in this together, since whoever buys into the program will have to talk the value of their investment up.

Personally, I'm a little uncomfortable with being allowed to buy a tiny piece of companies that I should already own a piece of through taxpayer dollars, because the Obama administration made their deals with a thumb on the scales of retaining existing management. There really doesn't seem to be any limit to the fakery. I guess that's what "confidence" is all about.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi