Thursday, September 25, 2008

Bailout deal reached?

Depending upon who you talk to, apparently some sort of bailout deal has been reached, that will hopefully stop the bleeding going on within our financial system.

Will tomorrow's scheduled presidential debate go on? My guess is that it will.

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2 comments:

  1. Crazy Politico9:19 PM

    Now it seems that it's dead an an alternative package of government insurance to companies that buy up the bad debt may be in the works. I personally like the idea of the government insuring some of the risk rather than flat out assuming it.

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  2. Anonymous11:54 PM

    Sure thing Crazy -- because deregulation and big corporate tax breaks worked so well the first time.

    Why would anyone think that "more of the same" (literally) would solve the problem that it created?

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