Lipstick On A Pig

It looks like the Congressional Carnival of Clowns® has reached agreement about a bailout. I agree with Arnold Kling: the more I learn about this, the less I like the bailout, and the guys who are really responsible for starting the whole mess are trying to look like heroes. But I hoped for little better. Reading the letters to the editors in the local rag, I’m convinced that the public’s understanding of what’s going on is less than its understanding of string theory. At least people are mad. Unfortunately, they’re mad at the wrong people for the wrong reasons. I’m sure the real culprits will be re-elected.

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