Now what?

Once again, Bush has pushed his ginormous, Presidential panic button.

“The economy is collapsing, so give me $700 billion and new powers. If you don’t, horrible things will happen to you!”

Of course no responsibility was taken for the awful mess of the economy nor was any source of funding suggested. (After all, they can't raise taxes, can they?) What a shock, the focus of the bailout is on giving the Executive more power.