Unbelievable. They f--- up the economy and tell us we have to pay for it. Some rotten kids I used to know used to refer to this as being "slaved." From Sunday's New York Times:

"A $700 billion expenditure on distressed mortgage-related assets would roughly be what the country has spent so far in direct costs on the Iraq war and more than the Pentagon's total yearly budget appropriation. Divided across the population, it would amount to more than $2,000 for every man, woman and child in the United States.

"Whatever is spent will add to a budget deficit already projected at more than $500 billion next year. And it comes on top of the $85 billion government rescue of the insurance giant American International Group and a plan to spend up to $200 billion to shore up the mortgage finance giants Fannie Mae and Freddie Mac."

Watch Naomi Klein (of "The Shock Doctrine") explain how it's "Christmas morning" for the fat cats who have just transferred their strangulating debt to the American people: Naomi Klein on Bill Maher.

Just say no to the bailout.