Debt Rattle, December 19 2008: Pyramids in Manhattan, Ponzi's in DC

John S. Johnston Sail September 4, 1897Commodore H.M. Gillig's racing sloop Vencedor on Lake Erie Ilargi: As Bush 'saves' more bankrupt industry with a $17.4 billion package for GM and Chrysler, Obama can no longer escape being sucked into a giant hole in Detroit that he will have a very hard time crawling out of. And maybe that's good. His entire economic team is now made up of guys and galls