Wednesday, September 24, 2008

Wednesday's Tidbits


This communist-style bail-out is driving me crazy. Never in the history of our country has anything like this happened. Of course, we've had other bailouts. But, nothing even close to this proportion.

Warren Buffet buys $5 Billion dollars of Goldman Sachs preferred stock. He just financed his own little private bailout.
I wish he could finance the rest of them instead of us having to do it. Of course, there's a tax increase heading our way because of the bail-out. Even after it's done, what are the chances that we'll ever see our money back?

BTW, what's the urgency in having this bill rushed through Congress without reviewing the details and fine print? Neil Cavuto also says that these companies should have known better than to loan money to minorities. WHAT???

McCain dropping quickly in the polls because of the recent financial crisis. Now, he wants to suspend his campaign and cancel the debates so he can concentrate on the economy. Yeah right. He's trying to prevent himself from drowning!! It can't help that his campaign manager, Rick Davis, has taken $15k a month from Freddie Mac up to last month! BTW, Obama says the debate is on. Can't weasel out that one so easily.

Obama making up ground in Indiana. I know one mother of a blogger that deserves some recognition for her leg-work.