Well, actually, how about a couple trillion? With the first bailout proposal officially snuffed out we face a huge amount of uncertainty. The market reacted dramatically to the news putting many of us in wait-and-see mode; as in, wait and see how much more our 401ks tank, wait and see if we will have jobs in the next month or so, wait and see if we are on the cusp of a depression.
I can’t claim to know whether this bailout plan was the best option - it doesn’t help that the original proposal was very broad and gave Paulson a blank check with no oversight (no oversight is what’s gotten us into this mess to begin with). I do know that, much to my dismay and disapproval, the government does need to take action and it will be very expensive. We have two choices; allow the market to get out of this trough on its own and accept the road kill on Wall and Main Streets or attempt to limit the destruction left in this economic disaster’s wake. There’s not one politician who will go with option one so we are going to need to ante up. The question is, on what terms?
Again, I am left wondering, “Women where are you? Why are you so passive? When will we band together and bring America back to prominence and prosperity? How long will we let the Masculine run this country and our families into the ground?”
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1 comment:
i hear ya, and sadly the one woman who could have potentially affected positive change was not chosen and the one receiving all of the limelight is inconceivably scary, so where do we go from here? hunker down and hope for the best?
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