Estimates of the banking system's potential capital needs top $1 trillion, far above the $350 billion the government has left in the Troubled Asset Relief Program set up in October.
Obama is all over the place -- he asks for unity then blames Republicans for the mess -- he says congress should debate, but aks them to hurry the hell up -- he's appearing a little flustered. "Just get it done! Quickly, before they stop me!"
Actually, the Republicans and the Democrats and their corporate cronies caused this mess and now Obama's going to spend over 2 trillion dollars to make it worse. The stimulus has to include the bank manipulations and the interest payments and all the other billions already spent. This is the spinning of a mad man -- or an emperor in training.
I've been watching C-Span agan and listening to some of these people in charge of this madness -- America is screwed. The fact that we're allowing these people this much power is surreal. It's too weird to comprehend.