Congress OKs historic bailout bill

It has been passed by both houses and signed by the president. Every citizen of the USA is now the prowd owner of over $2000 worth of bad mortgages and "mortgage related assets"[1].  Thats over $4500 per job. On a more positive note, the mortgage crisis continues, with experts saying that within a year, 40% of all mortgage holders will owe more than their house is worth.

The transition from capitalism to socialism has historically been tried with two different methods. The comunists have dove in head first and for the most part failed. Many nations have tried getting their feet wet first and are now swimming around in the big kids section. America just dove head first into the kiddie pool.

My ass hurts already.

 [1]In this case either mortgages that have been re-packaged based on how risky they are, and other junk bonds that are secured with the bad mortgages.