WASHINGTON (AP) — Warned of a possible financial panic, key Republicans and Democrats reported agreement in principle Thursday on a $700 billion bailout of the financial industry and said they would present it to the Bush administration in hopes of a vote within days. Emerging from a two-hour negotiating session, Sen. Chris Dodd, D-Conn., the Banking Committee chairman said, "We are very confident that we can act expeditiously."Now, there's something about which I can agree with Sen. Dodd. I, too, am very confident that they can -- and will -- act expeditiously.
Folks, we have "government" by the ruling class, for the ruling class, and they aren't going to get themselves off our necks. If we don't do it, who's gonna? And no, I'm not talking about voting Obama, either.
3 comments:
On this issue the politicians can move quickly. After all, they have investments and mortgages. Health care? No, that will take decades. Besides the politicians have health care for life.
I keep saying "what a mess" - seems that's all I can say - shake my head and "what a mess..."
(Glad there are more articulate people, like you Jim, to say more than "what a mess!"...
Socialized financial help for weathy thieves and swindlers! Now I guess we're supposed to be happy that the two parties (or one with two faces) came to an "agreement on principle." But that's the problem--they don't have any principles.
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