Call your Congressperson and THANK THEM–$700B boondoggle goes down in flames!
Folks, I dont know about you but I am incredibly happy that this $700billion travesty failed to pass Congress today. I cant thing of many people that wanted it to pass, but MIGAWD….how can anyone even support it? Bernanke already poured $650Billion into this mess, if that didnt help, what makes anyone think $700Billion would?? Not only that, the stock market opened LOWER even though the news on Capitol Hill was that the Bill looked good for passing! I have to ask: is this crisis for REAL???? And someone tell me please why we should bail out financial institutions who deliberately TAKE RISKS??????
Im not a financial whiz but I think I’ve found someone who has a good working knowledge of the issues and he puts it in plain English. His name is Karl Denninger and Im now a subscriber! take a look:
HERE is Reinhardt’s site. Im telling you, if you want to get the inside scoop from someone who has their finger on the pulse of this mess, dont pass this one by.
I think we should all get on the phone or email or write our Congresspersons and THANK THEM for being brave enough to stand up to Bernanke and Bush and Paulsen and saying NO to this Gawdawful nightmare of legislation. I hope they continue to say NO! Perhaps if they see we approve of this latest vote, they will? (I know, Im a dreamer)….
I dont know if Reinhardt knows Im proselytizing for him or not, but it would SO make my day if he quoted this on his site:
Its ALL Blarney!! 
…Yes, The $700,000,000,000 was indeed EVIL. Think of all the money WE would have to pay…along with all the other bad things that will come out of it.
Your last post was prettier. Sad face.
and yet you were strangely SILENT! eye roll.