I've noticed a lot of "hate the rich" rhetoric flying thick and fast around here lately as people see this plan as some kind of corporate bailout.
Far from it. It's necessary to protect the weakest of the weak among us.
Challenges are ahead for McCain. But I think he just may be able to complete the task.
Well we are talking about “lesser of evil” options, no? So I say let’s just confiscate all the accounts of the top 10,000 wealthiest people to pay for it. Most of them are likely responsible for this mess anyway!
But Bush’s plan seems to be to protect the very corrupt financial institutions that cased the harm.
The mess we are in is NOT an innocent mistake on hte part of the banks.
During the S&L crisis, the RTC made people whole but let the S&Ls go bankrupt and closed them down. This time, it appears that the corrupt financial companies themselves ar being protected.
It STINKS!