* The bailout fallout
Posted on September 29th, 2008 by mdl. Filed under Updates.
Roughly 40% of Dems voted against this bailout package.
Roughly 60% of Reps voted against this bailout package.
The congress is a Democrat majority, if they wanted the a package through today it would have went through today. Over a trillion in market cap was lost today. The markets lost enough money today to fund that entire bailout, and man alive where the pigs squealing as they found out the slop wasn’t hitting their buckets first. Don’t believe me? Turn on the news.
I believe there will be something done, and I think the gov’t slowing down will ultimately force a better decision. I understand the credit markets are frozen. I understand this can ultimately filter down to the both of us losing our jobs. I get that. Hear me now when I say this nation is paying the price for living off of money it doesn’t have. We are paying for the sins of our nation for the last 50 years, not the sins of congress in the last week.
One Response to “The bailout fallout”
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September 30th, 2008 at 9:57 am
So very true my friend.