I know it is probably not the Politically Correct way to say it, but I need to say that we need to urge our government to pull the trigger. The bailout is not what anyone wants, but it is necessary to move the market out of the quicksand that it is currently in. Put whatever language or legislation that you want to put in their about how the executives cannot benefit from the purchase of these loans, or maybe even legislate the profit margin that the banks can make on any new loans for the next three months to make sure they are not double dipping. Whatever the language says or whatever the legislation needs to hold them accountable for, it just needs to get done.
Concerning to me, is the fact that we just recieved a press release that said that an agreement had been made, but then went on to point out that the financial services committee came to an agreement on their own plan and it has yet to be read by the white house. Read the release here:
http://biz.yahoo.com/ap/080925/financial_meltdown.html
Re-post this blog in an email, or write your own email to your congressman and somebody tell Senator Obama that nobody cares how he and McCain differ on issues until we get this serious problem figured out.
We need a real leader right now, not someone who is concerned about how he looks to the public. You don't think McCain's people told him that he would look chicken if he called to delay the debate. McCain doesn't care what you think of him. Personally I don't know if I might actually agree with some of what Obama says about some issues that are important to me. The problem is, does he really believe them or does he just know the right things to say to get me to believe in him?
The next few days are going to be a watershed moment in our history as a country, and it may very well be a signal to many of us what path we should take with our future. A leader will emerge and the future will look great, or nothing will happen and we need to start bracing ourselves for a serious melt-down. May God help our leaders make the right decision and may God truly Bless the United States of America...In God we Trust...Jason
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