Still Proud
I'm still proud of congress. I checked & my local congressman (Ciro Rodriguez) voted against the bail-out, so I'm happy with him to.
But there's lots of pressure on him to turn away from the wishes of his constituents. The newest game in town is to go the other way - through the richer Senators first, and then try to shove it down the throats of the congressfolks. Lets hope the pressure stays hot from the people. After all, there's an election in a few weeks.
The newest gambit: "One of those new clauses will raise the government's guarantee on savings from $100,000 to $250,000. "
LOL!!! If the government cannot afford to pay out the $100,000 guarantees on all the banks that close down, what makes them think we believe they can pay out $250,000 in the same situation. They really do think we are stupid.
But there's lots of pressure on him to turn away from the wishes of his constituents. The newest game in town is to go the other way - through the richer Senators first, and then try to shove it down the throats of the congressfolks. Lets hope the pressure stays hot from the people. After all, there's an election in a few weeks.
The newest gambit: "One of those new clauses will raise the government's guarantee on savings from $100,000 to $250,000. "
LOL!!! If the government cannot afford to pay out the $100,000 guarantees on all the banks that close down, what makes them think we believe they can pay out $250,000 in the same situation. They really do think we are stupid.
posted by Cholla Needles | 8:54 PM
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