Bailout

The Republicans in the House just led a rejection of essentially their own president's Wall Street bailout plan and the stock market and economy are tanking. For a prescient post on the dangers posed to the world economy by subprime NINJA loans, see here.

For a failure to foresee an even greater cataclysm, see here (I had to throw this in just to keep #3 from getting a big head).

Personally I'm all for bailing out WS execs -- from jail 10 years from now.