That's because no one is talking about the structural problems in the investment world, and what structural changes have to start taking place. All they are hearing is "no loans available, fix that with Dr. Paulson's potion today!!"
If what the economy suffers from is stage III melanoma, then a spritz of Bactine won't do any good. Only immediate surgery will help.
But if we have only a big, nasty looking mole, there's time to check it out and get a second opinion.
Actually, it's circulatory failure (no liquidity in the 'body') and the patient died last Wednesday before being revived for a few more days, weeks, or months.
Off course Frank and Dodd want a big bailout, they stand to rake loads of money in from it, thats why.
Who does this bailout benefit, congress’s personal campaign purses, thats who.
This punk has been elaborate and the Dems did not even see it coming.
Bush presents a plan, Dems love it, repubs hate it, McCain opposes it, McCain is now not tied to backing Bush, McCain seen as taking control, deal gets killed, Repubs put new deal forward, Bush says he’s willing to look now at all plans, Dems get furious at McCain, McCain can say he’s the real maverick bucking his own party President, Repubs anounce their plans, new deal gets found, clock gets run down, Dems panic and agree, Repubs and McCain take the credit , you just know, the Dems seem have been suckered bigtime.
I think this how it will play out. Its classic Rove.