BAILOUT PLAN, Too much, too late? Options

[Hellfighter]

I'm not worthy to even get into the details of what's churning beneath this economic catastrophe looming ahead compared to the gurus we already have here discussing it.

But is it just me in thinking why are Repubs and some Dems in congess/ negotiations holding the US and world economy hostage just to save their political backsides.

As I understand it a massive meltdown like we've never seen in nearly a hundred years is only a step or 2 away, but we have Dems in Congress saying "no-no we can get this bailout plan launched ourselves but we want Repubs taking the plunge with us" and the we have Repubs acting like pussies because several hundred constituents are phoning opposing the plan - are the phone calls multiple calls from a few people, or do the hundreds of calls represent thousands saying 'no' to the plan.

Point is, in the face of a catastrophe shouldn't there be a realization to stave off the crisis at hand and later iron out the wrinkles.
I'm asking the gurus here -is this Global economy Russian Roulette of the worst kind?

So far today the market is showing meltdown fear over this bailout uncertainty.

[HammaTime]

So, your thread is really more about the politicization of the bailout plan...

I'd answer your question by suggesting that Dems have to have Reps onboard, otherwise, as the economy continues to implode, the Republicans could simply point the finger at the Dems and say "we warned you this would happen," even though the imploding had nothing to do with the bailout.

Political cover for both parties requires that they sign into law a bill that garners bi-lateral support.

I don't hold that against them. This is a crisis caused by many, not one party, or one faction. It requires that everyone get onboard and try to solve the crisis.

The one faction left out in all of this seems to be the average American citizen, however.