in Uncategorized

We Only Got 4 Minutes to Save the Economy

The Senate has, finally, passed $700 billion buyout in troubled assessts.  74-25, Both Obama and McCain voted for it, which begs the question: why am I writing about this on Cat Fancy?  I don’t know.  I don’t really understand this better than anyone else.

This new bill will cost more than $700B, because they’ve added to it.  It raises the FDIC insurance cap (what?) as well as key elements to attract House Republicans.  There are tax breaks for families and businesses and…
I don’t really care enough right now.  I’m very tired.  But this is serious stuff.  I encourage you all read up on it as much as you can, this will effect all of us.
One thing I’m certain about though, is that I’ve been extremely disappointed with our government’s speed in the face of this crisis.  With McCain suspending his campaign and resuming it, as well as Congress taking time off, it’s like they don’t care enough to fix this problem.
At bleak times like this, we’ve got to put our hopes in future.  After all, it’s not like the apocalypse is coming… Oh wait:

Comments are closed.