Legal Tender Mercies

[Bush] added, “People are beginning to doubt our system, people were losing confidence and I understand it’s important to have confidence in our financial system.”

And speaking of con jobs, here’s today’s winning Lotto number: $700 billion.

Bush team, Congress negotiate $700B bailout [AP]

The Fed will spray the dollars around the world via swap lines with other central banks who can then auction them in their own markets.

It’s the end of the world as we bow-chicka-wow-wow know it…

Central Banks Offer Extra Funds to Calm Money Markets [Bloomberg]