Glenn Wilson

(at about the 5:25 mark)
Egbert (W.C. Fields): Was I in here last night and did I spend a $20 bill?
Bartender Joe (Shemp Howard): Yeah.
Egbert: Oh boy, what a load that is off my mind! I'd thought I'd lost it.

You have to remember, these are not all weak or troubled firms that own mortgage-backed securities. A lot of them are very successful banks and investment houses that have done very well, have been responsible, are holding performing assets that have value. They were not necessarily irresponsible players, and so you have to be careful about how you deal with them.

Press Gaggle Via Conference Call with Deputy Press Secretary Tony Fratto on the Economy

I thought the banking system and the economy was in a crisis and there was an emergency need for this bailout. But many of the banks we want to give truckloads of money to are doing just fine. They don't actually need the money but might be willing to take it if we said "please." We will have to talk the banks into taking the $700 billion. Crisis, what crisis?

Oh boy, what a load that is off my mind! I'd thought we'd lost it.


more animals

We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all.

Radicals

Wall Street Reckoning! Rep. Marcy Kaptur goes for the pitchforks and torches:

You have perpetrated the greatest financial crimes ever on this American Republic. You think you can get by with it because you are extraordinarily wealthy, and the largest contributors to both presidential and congressional campaigns in both major parties.

Labels: economy