Bank Bailout Working

Really? The guys who proposed the bank bailout tell the press they think it's working. Big surprise. This is roughly equivalent to Jonathan Demme saying Rachel Getting Married is a good movie.

Plus, you plug 700 billion into something of course it's going to work in the short term. Shit, gimme 700 billion and make you some goddamn good movies. The question is the long term - will nasty inflation happen? Will irresponsible owners get bailed out only to repeat the same type of bad behavior in the future? Same for banks.

It's like paying off a huge debt piled up by an addicted gambler and the guy holds off placing a new bet for 3 days and we start claiming success.