Bush: You ain't seen nothing yet
I guess Bush doesn't feel he's done enough damage to the country in 7+ years -- he will now apparently try and destroy what's left of it in the remaining 75 days of his administration:
Bush’s aides have been scrambling to change rules and regulations on the environment, civil liberties and abortion rights, among others — few for the good. Most presidents put on a last-minute policy stamp, but in Mr. Bush’s case it is more like a wrecking ball
The New York Times article goes on:
Mr. Bush, or more to the point, Vice President Dick Cheney, came to office determined to dismantle Bill Clinton’s environmental legacy, undo decades of environmental law and keep their friends in industry happy. ...
The administration has taken other disturbing steps in recent weeks. In late September, the I.R.S. restored tax breaks for banks that take big losses on bad loans inherited through acquisitions. Now we learn that JPMorgan Chase and others are planning to use their bailout funds for mergers and acquisitions, transactions that will be greatly enhanced by the new tax subsidy.
In other words, take our tax-funded bailout, use it to buy up other banks with bad debt, and then dump the loss on you and me while keeping the assets -- all without having to 'inject liquidity' back into the market as the bailout was intended. Weeeeee
