Tuesday, September 30, 2008

Washington Donkery Rant

House of Representatives found some cajones.

Markets tanked because no bailout = panic.

President Bush told American public no bailout = financial disaster.

Enough members of public believed to panic sell.

There is no inter-bank credit so something has to be done but enough representatives want to find palatable solution because they realize they represent their constituencies and average joe is not seeing mortgage relief from yesterday's plan.