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["Don Bowen" <don.bowen AT earthlink.net>]

> His math was wrong, but this is going to cost a lot more
> than 700 BN before it is over.

Bernanke said when asked a couple of weeks ago that he felt the immediate
cost would be $800B with another $400B needed soon.  The Treasury when asked
about the $700B figure said they just picked a big number.  So the real
answer is "Who knows?"

>    Every union, every industry, every special interest is going to say
> "you gave to wall street, now I want mine"  

The Hedge funds are already standing in line.  Year end withdrawal
notifications will be starting on Wednesday.  There is a fear of a run so
the Hedge Funds are trying to get in on the bailout and not get hind teat.

There is already a bill to give the automakers federal funds in the form of
money to design a more fuel efficient cat, something they are already doing
in the face of increasing fuel prices.

Don Bowen  KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html