Paulson wants a blank check

But Housing Doom has it oh so right, call it:

the Splurge!

.

A.K.A. “No banker left behind,” and/or “throwing the taxpayer under the bus,” or “our scam scheme lets us recapitalize the banks by paying par value for their worthless assets on the back of the middle class taxpayer until we bankrupt THEM.”

[Housing Doom]

Virginia asks: “But if he uses up all his ammo on this, what about next week? Will he expect another bailout then?”

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