You know how Congresscritters like to shove other items in a bill? Mostly pork, etc...
Here’s an idea. Support the bailout, but under a few conditions:
1. It stays like Paulson originally proposed it
2. It comes with a capital gains tax ELIMINATION
3. Cut spending on all other programs (besides defense) by 10%
No Bailout. Not one penny.
Look at the Dow from 2000/02 it went down 36 percent
Look at the Dow now 2007/08 it went down 21 percent
NOW is NOT that bad. Not even close to 2000/02 when we had the .com bubble burst AND A TERRORIST ATTACK.
F A C T S. that you won’t hear from the “experts”
Superb idea, thus a non-starter in Washington.