Saturday, September 06, 2008

Meet the New Boss



Yeah, so this is a little obscure. My point is just that with the bailout of Fannie/Freddie (a) the US has to pay for it and (b) someone else called the shots. Ergo meet the new boss. Maybe it was like this in the Middle Ages, too: the king screws up so the peasants have to tithe more hay. Whee!
(video via Calculated Risk)

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