Tuesday, September 30, 2008

Congress 1, Paulson 0?

Some people act as if this were the OJ trial, where they only get one shot at it. They will circle the wagons and keep at it until it passes. But, at least they didn't just roll over.

I'd like to think that Congress, made to pass the Patriot Act without reading it and green lighting the Iraq war after buying the load of horseshit pitched to it, has finally decided to push back.

{opens up locker, puts that next to deed to Brooklyn Bridge} It might just be more posturing.
But, even if unintended,the question to the banks is posed: WTF would y'all do if we didn't hand over the money?

I'm sure that the banks could get out of this mess if they had to...they just don't want have to use their own money to do so. Paulson doesn't have the financial system's needs or the People's needs in mind; he's looking to bail out his homies...with the People putting up the bail.
While I hate to have to hand over (more) money to these crooks, every panic/depression in US history went down because the banks couldn't/wouldn't supply money. Would the banks scuttle the financial system to be spiteful and/or predatory (or in to save their asses)? I'm not sure if we, as a People, have the balls to find out and/or play the game.

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