Even Pakistan wants in on a bailout

Pakistan asks IMF for rescue loan

"Pakistan has asked for a loan package from the International Monetary Fund worth at least $7.6bn..."

"The Pakistani economy has grown by 7% to 8% over the last few years, but most of this growth has taken place in sectors such as consumer financing.

"By 2006, trade imbalances because of high imports caused the economy to slow down; a subsequent rise in international prices of food and oil worsened the situation."

Hmmm.  Sound familiar?  The major difference I see is that Pakistan looks to stick the IMF with the debt and the U.S. is sticking it to its own citizens.