P
Patrick H. Crowe
Guest
The senate just passed the bill. The vote was 74 to 25. McCain & Obama both voted in favor.
I once again find myself far to the right of Bush and his administration. How any authentic conservative could possibly support this bill seems impossible to me. I strongly oppose the bail out.
Conservatives are supposed to favor smaller government. They are supposed to oppose government intervention. This entire mess shows the gross incompetence of this administration and it is clear and compelling proof of the hyprocisy of these people. How tragic!
Now they want the taxpayers to hand them 700 billion dollars to spend as they see fit. Isn't that insane? What happened to genuine free enterprise.
Let it operate and stop the fear tactics.
They brought this on themselves. The good old SBA made loans which conventional lenders would never have made. Terms for car washes way too long, down payments way too small. In the end the greedy bankers encouraged such borrowing because it lowered the risk to the bank. There are abandoned car washes here, many bankrupt and being vandalized.
Opportunity knocks. Here's why. When the market fell 777 points I had my broker on the line as the market opened. I bought puts because I could see it was panic selling and sure to rebound. Moreover, because it seemed likely this "conservative" administration would push through some form of the bail out bill, the market would take off. So be it.
Patrick H. Crowe
I once again find myself far to the right of Bush and his administration. How any authentic conservative could possibly support this bill seems impossible to me. I strongly oppose the bail out.
Conservatives are supposed to favor smaller government. They are supposed to oppose government intervention. This entire mess shows the gross incompetence of this administration and it is clear and compelling proof of the hyprocisy of these people. How tragic!
Now they want the taxpayers to hand them 700 billion dollars to spend as they see fit. Isn't that insane? What happened to genuine free enterprise.
Let it operate and stop the fear tactics.
They brought this on themselves. The good old SBA made loans which conventional lenders would never have made. Terms for car washes way too long, down payments way too small. In the end the greedy bankers encouraged such borrowing because it lowered the risk to the bank. There are abandoned car washes here, many bankrupt and being vandalized.
Opportunity knocks. Here's why. When the market fell 777 points I had my broker on the line as the market opened. I bought puts because I could see it was panic selling and sure to rebound. Moreover, because it seemed likely this "conservative" administration would push through some form of the bail out bill, the market would take off. So be it.
Patrick H. Crowe
