Stimulating

Tuna Melt is glad to provide you with all the questionable, speculative opinions about GFM that your heart desires. Thank you for your business.

But, again, it is now time to re-iterate that, while we at TM personally aren't in favor of Treasury buying toxic mortgages, the Fed buying into money market funds, partial nationalization of our banks, or giant liquidity injections by the world's central banks, we understand the economic rationale behind these movements and don't fault the world's leaders for trying to cover their butts. To hell with long term consequences, we need to shut down this meltdown!

But, Fancy Nancy People, this ongoing talk in Congress of hundreds of billions for public works projects is bad, bad, bad news. It WILL turn a bad recession into a Depression, just like it DID once before.

We don't support McBama. We don't care for Democratic Republicanism. We like to make jokes at the expense of all and laugh and be cynical and laugh about how cynical we are, but, jokes aside, this is some serious badness we're talking about here. Another "stimulus" of tax rebate checks is fine (just inflationary since there isn't a corresponding decrease in spending elsewhere). 300 billion from Washington, doled out in political favor trading to the Blackwaters of the construction industry will sink this ship.