i wrote a pretty darn good (if i do say so myself!) post at a candid world about paulson’s plan to use all $700 billion of bailout money to capitalize banks and consumer-credit companies. i think the idea sucks. also, i mention the NOT LEGAL move treasury made by amending the tax code so banks can avoid paying upwards of $140 billion in taxes.

i am posting here about it, because i want my friends and family to be educated on the crap-ass stuff that is going on re: the economy. essentially, the bush administration has zero skill in dealing with economic crises. hopefully, the obama administration will be able to right many of the wrongs.

i know the subject is dense and intimidating, but don’t be afraid to arm yourself with knowledge!