More Baal out

I saw that someone had commented that this is'nt a bailout..Its a heist! There is just too much money in that cookie jar for it to be left alone.

I read one column today where the writer pointed out that his Dem. congressman has recieved over $700,000 from the banking industry during his career. Of course he was voting for the baalout. Wall street has always been a darling for the Democrats,while being tagged as a child of the republicans.

Wall street is a steady stream of money to the Dems, so of course they want to help their cash cows in their crisis.

There is too much money at stake, they will write whatever check it takes,promise any position for a congressman to retire to etc etc. Only by the finger of God will this train ultimatly be stopped.

Why propping up banks will not rescue a debauched financial system By Jeff Randall

…..This is an unfashionable view; it runs counter to The Daily Telegraph’s editorial line. But the hard-sell of President Bush and the US Treasury Secretary felt too much like the pressure patter of a door-to-door hawker. Their message was crude: “Trust us. You are in a terrible place. Only we can get you out of this mess. No need to check the details. Hurry now, or it will be too late. Here’s a pen. There’s the dotted line. Just sign.”

But with the President’s ratings so low, few would let him leave the House with anything more than small change. Congress asked, not unreasonably: “If you guys know so much about banking, how come we are in such trouble?"...