[EGPWS]

Geithner Asks Congress for even Broader Power to Seize private Firms as the average American stumbles through their daily routine as if nothing is happening.

Old habits are hard to break especially if reeducation camps are a forced option.

[Ouderkirk]

Shutting down AIG, Bear Stearns, Merril Lynch, should have been a requisite for any bailout. They have 12 to 24 months to reconcile their books, explain their losses and dissolve the companies assets to minimize losses to the taxpayer. Isn’t that what the Resolution Trust Corp did back in the 1990’s with the S&L mess. Place criminal charges on those who by stupidity or malfeasance ruined these companies.

Why are we propping up companies whose culture(s) are corrupt, and who’s leaders are incompetent.