This could easily have been titled "How to create a taxpayer revolt"
by perpetuating fraud at the highest levels possible
by remaining opaque
by paying $400B for a bazooka (cheaper on ebay)
by lying about the health of the economy and the financial system
by convincing Congress that TARP would solve the problems and should be sufficient
by promising it would save your 401k and pension funds
by changing your mind on how to implement TARP, again and again
by continuing to artificially support the toxic assets, the institutions holding them and those insuring them (the house of cards)
Paulson and crewe played congress like a fiddle made of gold. Pandora's box has been opened. For some strange reason when think about this house of cards I was reminded of an old school computer game (well, not as old as pong but not out on the Wii until they come up with some gizmo for it). Lehman Brothers has a cameo appearance at the 0:15 mark, from there fast forward to October, 2008 around the 1:07 mark
An acceptable substitute for this game would be KABOOM!
Edit: Ooops, $400M was supposed to read $400B (corrected)







