Senate passes bailout house on fence

Well so now we got some "good" news. The senators have passed a 700billion dollar bail out and now all it has to do is pass it in the house and the president. We need this bill passed to save not just our economy but the global economy because as our markets crashed so did theirs. I personally say let it crash, the cost of everything will bottom out when everyone discovers they can't afford anything. The only people that would be doing great would be people that could offer goods or services for trade.

We just had to sweeten the deal a little more to get people to do the "right" thing. So the new and improved bill has tax cuts for the middle class and small businesses... and where are we getting the money for this bailout again? It also aimed to increase the FDIC at banks from 100000 to 250000. Ummm, excuse me but I hate to point this out that actually protects a lot less people than they think. I have never come close to having a hundred thousand in the bank... and if I had over a hundred thousand I'd have it in several banks so not all my eggs were in one basket. Then of course they also tossed in measures to aid hurricane ravaged areas and because we know that this is the root of our current economical issue lets give better insurance to mentally handicapped people.

I apologize for ranting. I like mentally challenged people. Its not their fault our government doesn't seem very focused at the moment. We could blame disaster victims, but they are actually good for business unless you are in insurance. Rebuilding costs money and requires skilled hands.

Just once do you think they could pass a bill with only the issues at stake involved instead of trying to slip all the extra junk in.

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