In brief: the failure of the bailout

[demiurgent]

It's surprisingly simple.

Neither major political party was willing to sacrifice the election to save the nation.

There is nothing more basic than that. Neither party would sacrifice personal power in order to save the economy of the United States of America.

My representative voted Nay. For the first time, I'm considering voting against her in November. I'm certainly calling her office tomorrow to express my deep disappointment in her.

For those who don't want to see the bailout of Wall street firms because gorsh, they's all rich and it's not fair? I hope you really, really enjoy the next ten years.

Comments

[peri-renna.livejournal.com]

I know, I know ... and from what I heard about the actual version being run - with controls and equity and limits on executive compensation - I even support it. But I don't feel good about it, just the same.

[snowspinner.livejournal.com]

Oh, neither do I. I'm appalled that it got to the point where a purchase like this is necessary.

[peri-renna.livejournal.com]

I meant the plan. It seems to me like an intentional walk in baseball - sure, you have a better chance for the double-play or the force, but there's another runner on base, one more way for you to lose. Why shouldn't we be throwing for the strikeout instead?