The bailout of Wall Street fatcats will be taken up by the House of Representatives at noon CDT today.
Watch and see who is for the fatcats over the taxpayers. Congressional leaders are ridiculously claiming taxpayers are not on the hook here. And the supposedly new package still provides for a bailout of foreign banks.
Proponents cannot claim that the bailout package will work. They just claim a psychological benefit. Who knew that taxpayers were supposed to be the psychiatrist for the financial markets?
This bailout plan still stinks. You have until noon to call your representative and tell them that in no way should he or she vote for this bailout.
Monday, September 29, 2008
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