Bush's friends, the Saudis, are trying to figure out how to "bail out" the credit markets. According to Laura Rozen, here's a match made in heaven: a massive liquidity crunch in the western economies with oil economies swimming in liquidity from the sky-high prices for oil. Throughout Shrub's life, someone has always tried to bail him out of the disastrous gambles he's made. Is this the latest incantation of the Bush bailout routine? And how much are Bush and Cheney willing to sell off to make sure their cut isn't damaged?
Take it away.