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President Bill Clinton told ABC News that Dems were responsible for failure of Fannie Mae and Freddie Mac.
A History of Stock Market Crashes. Read it and garner perspective. While it sucks that so many people lost money and retirement, as I said the other day, people lose money. It sucks. And my heart goes out to them. But people lose money.
I've said since January we had to hit rock bottom of this thing. Here's hoping that the bottom is near.
Lewis pointed out at lunch that are there are only 3 major banking institutions left in the country. Yikes.
Gateway Pundit also blames Pelosi's speech on losing votes. She will not value the way history treats this day, me thinks. And I think most people just didn't like the idea of giving $700B, no questions asked, to a Treasury Secretary who used to work on Wall Street, and a bunch of financial institutions who wanted to make short sell deals in order to keep their pay checks and their balance sheets up. And - word to Pelosi - even Dems didn't like it. See Pete Visclosky, D-Indianna. "Where I come from we put thieves in jail, we don't bail them out."
Hehe. Might be one Democrat I might actually enjoy talking to.
What do I think? I think it was a bad bill, with bad principles that was decidedly unAmerican. And I think, bless their poor stupid, partisan hearts, for whatever reason, our Congressmen knew that.
Now, let's get back to basics. And never fear, banks are still making loans. To qualified applicants. My friends just bought a house on Saturday. Lets be careful, save more, spend less, and monitor the job situation. If the job situation falls apart, well than we need start acting.
A History of Stock Market Crashes. Read it and garner perspective. While it sucks that so many people lost money and retirement, as I said the other day, people lose money. It sucks. And my heart goes out to them. But people lose money.
I've said since January we had to hit rock bottom of this thing. Here's hoping that the bottom is near.
Lewis pointed out at lunch that are there are only 3 major banking institutions left in the country. Yikes.
Gateway Pundit also blames Pelosi's speech on losing votes. She will not value the way history treats this day, me thinks. And I think most people just didn't like the idea of giving $700B, no questions asked, to a Treasury Secretary who used to work on Wall Street, and a bunch of financial institutions who wanted to make short sell deals in order to keep their pay checks and their balance sheets up. And - word to Pelosi - even Dems didn't like it. See Pete Visclosky, D-Indianna. "Where I come from we put thieves in jail, we don't bail them out."
Hehe. Might be one Democrat I might actually enjoy talking to.
What do I think? I think it was a bad bill, with bad principles that was decidedly unAmerican. And I think, bless their poor stupid, partisan hearts, for whatever reason, our Congressmen knew that.
Now, let's get back to basics. And never fear, banks are still making loans. To qualified applicants. My friends just bought a house on Saturday. Lets be careful, save more, spend less, and monitor the job situation. If the job situation falls apart, well than we need start acting.
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