Thursday, September 25, 2008

GOP Congressman King Puts My Mind at Ease

Well at least there was one voice of reason in the GOP. I hope it is posturing and fake table pounding on the GOP end just made to placate their constituencies. Maybe they are going to setup McCain as the White Knight to swoop in and get a deal from his own restive party. Until we have some confirmation then I'm staying all cash.

Republican Peter King of New York joined the traders to discuss the bailout deal. King says Congress is very close to getting the deal done and he said he wouldn't read too much into what Sen. Shelby had to say. "It's our responsibility to show that we are doing this to bail out Main Street and not to bail out Wall Street," he added.

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