Well, hey, as long as we’re spending capital we don’t have…
Oh, and there’s also the fact that for the first time in a decade, the President is talking about the G7 instead of the G8. Any financial bailout would no doubt be largely a U.S.-U.K. endeavor, with only symbolic involvement from the other industrial powers, but this is a gratuitous kick in the groin to Russia, which became the eighth member in 1997.
Yep, it’s Bush policy at its finest: never hesitate to make your feelings known, especially when it’ll come at a cost and accomplish nothing.