Not simply financial, either. Once any bailout bill is passed, it will be the first of many. And the end result of each one will be more power for the government, and its many bureaucratic agencies, to oversee the banking/mortgage industry, and the free market system in general.
The advances in implementing socialist doctrine will be taking a giant leap forward once the dust has settled.
Talk about rewarding criminals for their crimes!
~ joanie
No. It's much more than that.
It's the October Surprise. They had to kick it off in September though so it would have maximum impact in October. They know this was coming ages ago. Their timing is impeccable.