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Comments On The Financial Mess

Posted on September 30, 2008

Knowing they would get a second act, Congress went into fullturkey mode yesterday, with the House calling a vote on thePaulson plan when they knew the votes were not there. Ms.Pelosi alerted all put buyers with her damning speech of GWBand the gang. With the ensuing big blow down in the market,the House was looking to scare everyone enough to soften upthe public to make this ugly bill more palatable.With only a 12 vote swing needed to create the new gov.broker / dealer, they can now add some features ordinaryfolk might like and hope they can swing it later in the week.The same dumb banker g...

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