The Bailout Draft Fiasco

by Ryan on September 28, 2008

in Blogs, Economy, Election 2008, Politics

No real down-home American can stomach the $700 billion Wall Street bailout suggestion of Treasury Secretary Hank Paulson so rumor has it Congress has a draft bill going around which will do something different:

$250 billion immediately

+

$100 billion a bit later

+

$350 billion thereafter

= Ok… carry the one… all right…  $700 billion?!?

This Congress makes me sick.  And not just me, Newt Gingrich called this nothing short of “Un-American” because of its overt socialism and that this bloated anti-capitalist, anti-free market, government-centric fiasco will be a loser on Election Day.

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