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Tipsheet

Liberty, Justice and a Bailout for All

Amanda Carpenter
Amanda Carpenter  |  May 27, 2008 2:32 PM
"If the government can bail out investment banks on Wall Street, then we can extend a hand to folks who are struggling on Main Street." -from Barack Obama's speech to be delivered in Las Vegas today.
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In other words, bail everybody out!! Federal money for all! To spur the opening of the federal spigots, Obama's pushing for a $10 billion "Foreclosure Prevention Fund."

Note for the commenters: I am being sarcastic about bailing everybody out. I think the Bear Stearns bailout is what we call "moral hazard."

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Pro-Hamas Supporters at LSU Didn't Know What to Do When the Fraternities Showed Up Matt Vespa
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