Thursday, September 25, 2008

Bad News For Hank Paulson's "Slam Dunk" Wall Street Bailout

Signs that Congress may have possibly awakened from its 8-1/2 year stupor

This text snippet from Forbes.com:

Lawmakers on Capitol Hill seem determined to work together to pass a bill that will get the credit markets churning again. But will they do it this week, as some had hoped just a few days ago? Don't count on it.
"Do I expect to pass something this week?" Senate Majority Leader Harry Reid, D-Nev., mused to reporters Tuesday. "I expect to pass something as soon as we can. I think it's important that we get it done right, not get it done fast."
And we believe Democratic U.S. House Representative DeFazio gets it exactly right:

The U.S. banking cartel has essentially told the U.S. taxpayer to "Pay up now... or else," the kind of message you'd expect to hear from people like John Gotti...

Time now to find out what Congress is really made of.

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