Bailout Aftermath's Paradoxical Bedfellows in Pictures

Posted by Pat Kitano at 9/29/2008 10:29 PM
Categories: Economy


It's shocking to see the socialistic liberals and socialism hating free marketers allied to make financial history... and to see House Republicans handicap their Presidential candidate during the final month of the campaign. The 777 point Dow drop today shaved off over a trillion dollars in value, it's truly a gamble if the economy goes into cardiac arrest due to this complex political play.



Bill O'Reilly defends the bailout, Sept 25, LA Times










 

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  • 9/30/2008 8:29 AM Mana Tulberg wrote:
    Pat, This is a great post.
    Voted and was surprised by the results!!
    Reply to this


  • 9/30/2008 8:46 PM Tony Sena wrote:
    I love the comment you put for John McCain!

    I am sure it will pass with a few tweaks by the end of the week!
    Reply to this
    1. 9/30/2008 9:14 PM Pat Kitano wrote:
      Thx Mana, Tony,

      From New York Times today:

      On the morning after the sell-off on Wall Street, Congressional offices reported a shift in angry calls from constituents, with some now demanding that lawmakers take some corrective action — a distinct change from the outpouring of public opposition that contributed to the defeat of the plan.

      “I started hearing from a lot of people who lost money on their investments thanks to the big drop on Wall Street yesterday,” said Representative Steven C. LaTourette, Republican of Ohio, who voted against the plan.

      Conclusion: yes, Representatives, the masses can be ignorant and fickle... it's your job as politicians to figure out what is right, not make knee jerk reactions based on a few threatening "you'll never eat lunch here again" phone calls...

      Reply to this






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