How the World Works

George Bush and his bank bailout

During Hank Paulson's meeting with the nine bank CEOs on Monday, the Treasury Secretary told the assembled moguls that they must agree to the government equity injection because, according to one witness, "It was for their own good and the good of the country."

Did George Bush get the memo? Here is the President in Grand Rapids, Michigan, Wednesday afternoon, speaking with local business leaders.

I, frankly, don't want the government, you know, being involved with businesses -- owning businesses.

I don't think it's good for the country. It was necessary that the stock be purchased to help us through this financial crisis, but in the long run, it's not good for the country.

In the long run, as the back-in-fashion John Maynard Keynes so famously said, we are all dead. The short run's all we got, George. Suck it up!

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Marxist-Leninist Mao Zedong Ultraman to the rescue!
Who will dominate the ideological information technology battle of the future. The U.S.? China? Or is the game already over?
A second act for Eliot Spitzer
America: Land of the free, home of the forgiving. No matter what you do, there's an online column gig waiting in the wings
How national healthcare could have saved Detroit
The Big Three blame legacy retiree benefits for crippling their business. But it's their own darn fault.

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