Commentary on the economy, the markets, and business

So do we call it the PWEESA now?

Jay Newton-Small has already explained on Swampland that the bailout legislation to be considered by the Senate today will be piggybacking on some mental health legislation that passed the House. What I didn't realize until checking on the Library of Congress's Thomas site just now is that the original title of the bill was the Paul Wellstone Mental Health and Addiction Equity Act of 2007.

In the House they called the bill the Emergency Economic Stabilization Act of 2008. I'm thinking it now really needs to be called the Paul Wellstone Emergency Economic Stabilization Act of 2008. Because, you know, Paul Wellstone would totally have been in favor of bailing out Wall Street.

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