Wednesday, September 24, 2008

Congress Knuckles Under; Bailout Bill to Pass In A.M.

Democrats claim Wall St. bailout breakthrough

WASHINGTON (Reuters) - Democratic Rep. Barney Frank said on Wednesday Democrats had reached an agreement to stem one of the worst U.S. financial disasters in decades, and that there would be enough votes to pass the measure and send it to President George W. Bush to sign into law.

http://www.reuters.com/article/newsOne/idUSTRE48O0E620080925


The upside is that this ought to buy us 3-6 months to get ready for the next stage of the collapse.  After they install the next “President”, they’ll be back for more.

1 comment:

Sara said...

I've emailed/faxed/called every Representative I could....amazing how quickly they were able to get this through while they fight and bicker on things of less importance. The FBI is even investigating these corporations that we're going to bailout!!!