Now that the house turned down the new proposed bailout plan you can bet your sweet bippy that President Bush will come back with ” We tried everything we could to avoid this economic downfall but Congress could not agree to get this bill passed, hey I did my part” or something along those lines. I certainty don’t know if this bill was the bill to save the day but after years of doing nothing are we suppose to believe a bill that was cooked up over the weekend is going to save our economy?
I guess we are going to find out what markets will do without a bailout. Are dollar is dying and the American dream of home ownership is going to be gone. Jobs are being outsourced to other countries, and what was our biggest wealth the equity in our homes is all but vanished. We have outrageous prices on medicine and health care due to our litigious society. We have all become good at pointing the fingers at each of the parties in who is to blame instead of working together as one, We as Americans got ourselves in this mess and we need to come together and figure out how to get out off it.
{ 2 comments }
Although the bill is passed and may be it started working, as seeing how the markets are performing today but i totally agree about…Bush’s. Hope this should work for long term but in any case if long term scenario is not forecasted the Bush will be out of the seen till then and escape by saying “i have done and see the markets were up and so the economy”.
Hey this is a good article thank you for the read. I stumbled across this good market timing site myself that I have been using the past year. It’s great I love market timing.
Comments on this entry are closed.