Thursday, September 25, 2008

The Bailout On Its Last Legs?

It seems that the Dem Congress and the Herbert Hoover Administration may have a lot in common come this time next week. I never had much faith in those losers in Congress doing anything anyway.

Chaos erupted on Thursday in the negotiations over the proposed financial bailout as lawmakers bickered over competing counterproposals to the Bush administration's $700 billion rescue plan.

A meeting at the White House between President Bush, congressional leaders and the presidential candidates was meant to speed approval of an agreement, but instead revealed deep divisions between Democrats and Republicans.

Also if it turns out to be the GOP that blocks this deal then I will officially become a Reagan Democrat and never support that party again. This might be the most important Bill that the Congress has ever voted on in my lifetime and it might be killed due to their stupidity and ineptitude. They know the risks and they know the consequences and they still baulk at the price tag then I can say that Sen. Shelby and his ilk are dead to me.

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