Wednesday, October 1, 2008

The Road to Obesity

Warrants are called sweetener when issued together with bonds and in the Rescue plan, Uncle Sam will get some warrants from the banks.

The sweeteners below are added to the Rescue plan so as to win some house republican votes.

1. temporarily raising the limit on federal deposit insurance to $250,000 from $100,000.
2. various tax breaks
3. a "Mental Health Parity" provision

With a deal so sweet, is Uncle Sam on the road to Obesity?

No comments: