The Bush administration will be asking Congress to have $700 billion in play at any time during the next two years to buy the bad debt of mortgage holders on Wall Street.
Politico.com says that amount has shocked lawmakers and raised the debt ceiling for the nation to an unfathomable $11.3 trillion.
Heaven help us if this plan passes Congress. A Democratic Congress that was supposed to stand up to the idiocy of George W. Bush now is going along with him. Voters again have been betrayed. And House Speaker Nancy Pelosi is at the center of bringing top-down socialism to the United States of America.
To read more, if you can stand it, go to:
http://www.politico.com/news/stories/0908/13662.html
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