Today's obsession was the bailout bill. I for one, am completely happy that it didn't pass. I'm not saying that we don't need to do something. We do. That is certain. But Congress didn't even look into getting opinions from, say, economists not on Bush's payroll who know what they're talking about before trying to vote on Paulson's bill. I'm glad that not all of the Congressmen and Congresswomen felt like it was ok to give the a-holes who got us into this mess carte blanche loans. They never answered sufficiently why $700 billion was the magic number. Why not give them, say, $100 billion and see where that gets us, then if they need more, give them more. Let people who know what they're doing regulate the money and decide who gets what. Instead, Bush wanted to make sure his rich, evil friends remained that way, and expected us to foot the bill.
From The Daily Kos:
The polling is clear -- the American people, me included, aren't pretending there isn't a finance crisis. But they want a solution that doesn't reward the "evildoers". This one did. Next time, let's put the burden of the bailout on those who deserve to bear it, not on those of us who were never invited to that party to begin with.Hopefully, the next bill they write will be more clear and not let the bankers off the hook.
I can't wait until Bush is no longer in office.