Friday, September 26, 2008

Economic Meltdown

No brilliant plans yet. Only a 700 billion dollar rescue package by the federal government to bail out the financial industry.

In case you haven't noticed...

"We have a big problem," said President Bush when an earlier agreement dissolved amid political fighting on Thursday.

Oh yeah, and he had some more encouraging words according to the  NY Times, "If money isn't loosened up this sucker could go down," President Bush declared when the bailout package fell apart.

Can anything else go wrong? Can't imagine why the Republicans and Democrats are arguing over this one.

Do you think all the finger pointing has anything to do with upcoming election? Hmmm... If we brought a bunch of cute little puppies to romp around Capital Hill, would that help make anyone smile and maybe help end the partisan finger-pointing?

Oh yeah, we're talking about 700 billion dollars. 

So what were Obama and McCain doing during the negotiations? Obama wants a bipartisan solution. We still don't know what McCain's position is. In fact, it appears that McCain was silent during the meetings.



Earlier this week Bill Clinton shared his advice on the economy on The Daily Show. Check out the  full episode here.

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