Monday, September 29, 2008

House Rejects Bailout Bill

What the heck is going on here? The markets have plunged in lieu of the House rejecting the proposed $700 billion bailout plan. At first glance this seems to be all about selfish politicians watching their own backs trying to make sure they stay in office. They obviously don't care about the American people, they can say this is about being judicial and fair and not bailing out the richest of the rich, but we all no practically, the bailout is a necessity. These politicians saw that a mere 20% of American's favored the proposed bailout and realized it would serve as a serious black mark on their resume come time for re-election. Good job McCain, I can see you really made a difference suspending your campaign, you really went and hammered away in Washington, showing that valuable leadership you have. Oh wait, thats right, you did nothing, and now the latest Gallup poll shows you trail Obama by 8%. So message to all you republicans in the House of Reps, you better have a damn good proposal to replace the plan you just voted against, or we are going to be in serious trouble here, these are dangerous times to be playing political games. Very dangerous.

No comments: