$700 billion?

Wow. $700 billion. Seriously?

The most shocking thing about this is that people just seem to be going along with it. The most discussed questions seem to be, how will it be done and what will it mean to spend $700 billion. Once again the media is just rolling over and accepting that whatever the Bush administration says is a good idea. Even the feeble democrats in congress are willing to go along if they get "oversight". No one seems to be asking if it should be done at all.

Giving George Bush another $700 billion is about the dumbest thing I've ever heard. We already gave him hundreds of billions for Iraq and look at what a mess he made of it. At what point in the last 7 and a half years has the Bush administration done anything to suggest they should be trusted with $700 billion.

That said, giving anyone $700 billion to fix this problem is idiotic. If the only way you can think of to fix something is to throw $700 billion at it, you've effectively proven you're not going to be able to fix it at all--$700 billion or not. Bernanke and Paulson have consistently tried to inflate themselves out of trouble. They already have us in a real recession, if not a nominal one.

Inflation is now, and has been, way above the meager growth rates the Bush administration is citing to prove that there's no recession. If we're all making fewer dollars in real terms than we were 6 months ago, that's a recession.

Printing money is not a solution. We'll just have inflation to go with our economic crisis instead of just an economic crisis. Please, someone stop these maniacs.