Well, it looks as though the Senate is going to buy a getway car for the worlds' most expensive bank robbery. Unless Congress can stop it, the U.S. may commit economic suicide in the next couple days. STUPID STUPID STUPID STUPID!
The novel-length Christmas-tree piece-of-Sith legislation the Senate just passed will do nothing to resolve the effects of toxic paper in the credit derivatives marketplace, but will cost us about a trillion dollars. As a result of its passage, the crash will be worse than it would have been without it, and we'll have a trillion dollars less of credit to deal with it.
On the other hand, at least people who want to buy a toy bow and arrow for their kid won't have to pay an excise tax for the arrows. I guess maybe that's a good thing.
And McCain--what's up with him? He promises that he'll reject any pork-laden legislation that crosses his desk, and he'll name names. So when a bill with more pork than all the world's sausage factories combined crosses his desk, does he reject it and name names? Nah, he simply approves it. How can he expect to win with leadership like that!? STUPID STUPID STUPID STUPID!