Morning Roundup: Around the Web with Buckets of Loot

The treasury department today announced that it will copy Europe's solution to the credit crisis by investing $250 billion for ownership positions in large nine banks, thereby assuring another bumper crop of stock market victims sometime down the line when this temporary fix doesn't work out. (New York Times)

Bloomberg reports that the MSCI World Index continued its ascent today, marking the largest two-day increase since God started putting together the world and everything in it.  

Progressives least favorite Dem gets knocked getting knocked for a hundred grand by mistress. (Via The Raw Story) 

You write something positive about ACORN, we'll post it. Here's proof.  

In the UK, inflation has biggest jump in 16 years. (The Guardian) 

Amy Goodman's up on Alternet talking about the damage McCain has done to this racist nation.  

The Washington Post goes to India to look at the state of debt collection in the US today.