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.

[Robert]

Interesting perspective on the wall street drop
http://www.marketwatch.com/news/story/putt...ist=SecMostRead
Largest point loss but not even close to largest percentage.


Then again there was this postive sign on Wall Street yesterday

[Hellfighter]

Interesting perspective on the wall street drop
http://www.marketwatch.com/news/story/putt...ist=SecMostRead
Largest point loss but not even close to largest percentage.


Then again there was this postive sign on Wall Street yesterday

LOL Robert- that's priceless!
There should be something like that for Repubs/Dems in congress solely playing politics rather than their sincere convictions.

That was in reference to a posting on Politico where claim Rep. John Shadegg said, "that he doesn't know of a single GOP vote that shifted because of the speech." Others are joining the pussy revolt.

Pussy comparison is too good for them - at least pussies have claws!
I liked this recent quote in an editorial regarding the house; paraphrasing->
'Once again the Congress are living up to their 10% approval rating.'


This post has been edited by Hellfighter: 09/30/08 12:20pm