$2,500 Per Person.

That’s how much this proposed bailout is going to cost.

Are you ready to shell out $2,500 to help Wall Street firms that made bad (often government-influenced and government-incentivized) decisions?

Doesn’t matter. You’re going to. Either through taxes or devalued currency. And that’s just until the next crisis, which is inevitable now that we’ve sent the message to big corporations that taxpayers will pay for their mistakes.

And don’t blame this on the free market. There’s nothing free-market about any of it. It’s corporatist socialism.

Maybe if I wish real hard, Sec. Paulson will announce a federal bailout of Radley Balko’s student loans.

[The Agitator]

That’s just the current estimate. It’s a safe bet that any significant economic news (which is necessarily going to be bad) will get covered up at taxpayer expense at least until after the election, and probably on into the future.