Originally Posted by
Koga No Goshi
I think we all need to keep in mind that this is not the Imperial Senate in Star Wars. This is one month out from a major election and Congressional offices have been flooded with furious letters and calls about the bailout-- there is NO major support from the public. The momentum among politicians, the President, and the business sector has ranged from "We HAVE to do something, NOW!" to "Sigh, I guess we have to do it or this will get much worse." From the public, the insistent attitude is more like oh hell no, let it all burn, I don't care if the market crashes more.
So, to simply call it the lack of kneecaps or leadership amongst the parties is a bit off mark. Politicians are always on the cautious side right before an election, true, but they are torn between being insisted upon that this will cause another great depression from the "experts" and business community on Wall Street, and the public on the other hand hopping mad. And I still have not heard from anyone (well, besides Bush) who even CLAIMS to understand this crisis, what the implications are, why the 700 billion figure was selected, how it would be used, or how it would prevent specific economic calamities. I think that's true for most of the people in Congress, too. It's just fear tactics on one side and angry public on the other. Unless they are getting VASTLY more detailed information and the media isn't bothering to share or report it, they're almost making a big decision in the dark. I don't blame them for wanting to wait and get both parties on board with one decision or the other-- if they vote no, and the doomsday people are correct, they will have just voted in the economic end of our country as we know it. If they vote yes, and the doomsday people were selfserving liars, they've just gutted the treasury and handed it away to thieves.
Easy decision? Maybe on a forum, with no real responsibility for how the decision turns out. :)
Re: BAILOUT: Yes or No?
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