Added: Oct 1, 2008
From: slobokan
Duration: 3:31
As you know, the House rejected the $700 billion bailout yesterday. You could hear the screams from Chicken Little soon after the vote took place and because of the panic that ensued the Dow dropped 777 points. We were told things would get worse every day until action was taken. Congress took no action today, they recessed for Rosh Hashanah, and the market rebounded 485 points. In his comments today, the President shocked me. He said, "it matters little what path a bill takes to become law, what matters is that we get a law". Is he serious? The path a bill takes to become law matters more than just getting a law irregardless of the consequences. We don't need a law for the sake of having a law. What matters is that we get a good law that protects the American people and their wallets. No matter what the President thinks, the path of the law does matter! Contact your Senators and Representatives and tell them to do it right this time. Our future depends on it.
Channel: News
Tags: $700 bailout banks billion collapse congress demorcat financial market nancy pelosi president republican stock treasury
Rating: ( ratings) Views: 44 Comments: 0
