Bailout Deal Reached?

By Alan Stewart Carl | Related entries in Congress, Economy

According to key Republicans and Democrats, lawmakers have reached a bailout deal. While the details are still forthcoming, members of both houses of Congress sound confident that they will act soon to supply the financial markets with the $700 billion bailout. Look for more specifics to emerge after President Bush concludes his high-profile meeting with party leaders.

We’ll post more when we know more, but it looks like our elected officials are moving as expeditiously as can be expected in a crisis such as this.


This entry was posted on Thursday, September 25th, 2008 and is filed under Congress, Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “Bailout Deal Reached?”

  1. bluefountain Says:

    Everyone thats responsible for this mess that they’ve created for the whole world SHOULD be charged with treason for all the lives that have been destroyed

  2. Lynn Says:

    I”ve boarded the Straight Talk Depress.

    This country is in a really dark place, and we need a leader. The Daschles, Fiorinas, Pawlentys and Braziles can hurl memorable and witty insults back and forth until they”re blue. They have equal ability to bloviate hollow key messages and fail to answer questions. They aren”t hurting each other so much as they are hurting us.

    If the candidates themselves have something negative to say (and I don”t mean pithy stump lines, I mean the kind of bile that their surrogates spew) – let”s hear them say it. If they can sit under hot television lights and brutally disassemble the character of the other – let”s see it. Then we can hold them accountable for it.

    Why don”t they do it? Because it is conduct unbecoming a leader and, well, because so much of it is simply not true. Keep them from hiding behind their pitbulls (lipsticked or not) to the degree that they are, and I”m betting the campaign would take a dramatically more positive and issues-driven turn. Stand down the surrogate armies, and turn up the substance.

    Both campaigns need the right spokesperson. The Top of the Ticket.

    All aboard!

  3. BenG Says:

    Alan,

    Seems that there was a deal agreed to by the bipartisan participants hashing this out over the past few days and it was announced, I first heard, about one o’clock by a Republican involved in the meetings. By five o’clock I tuned back in and saw that the deal wasn’t done! What happened?

    So I turned on CNN and they showed this time line of John McCain’s day and, with his activities highlighted, showed how he and his campaign came into town and threw a monkey wrench into the whole situation.

    There was also an interview with Chris Dodd on the subject and he was very distressed over these developments. Anybody hear any more to clarify?

  4. Avinash_Tyagi Says:

    Of course McCain is throwing a wrench in it, as long as the deal is not complete he can use it as an excuse to avoid the debate

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