Thursday, January 1, 2009

US Treasury says 'Great Job Hank'

The financial system is fundamentally more stable than it was when Congress passed the legislation."
-United States Treasury Statement

Great job Hank. You spent the money equivalent of one hundred and sixty brand-new Nimitz-class nuclear aircraft carriers, and have improved bank stability. That is really impressive.

Oh, and another $5 billion to Cerberus’ GMAC, with no tracking requirements. After they were just qualified as a bank? Doesn’t your predecessor work there? Heck. Bang-up job Hank.

Wait, don’t those same guys own Chrysler?

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