Since the failure of the bailout plan to pass a House vote yesterday, our brave politcal leaders have developed a bold new strategy.
Rather than spending money, we are now investing money. Now I feel better. It's a great feeling knowing that we are investing money instead.
From the same Yahoo! News article.
Perhaps the most important change to the bailout plan is that it is no longer a bailout plan. Now it is a Rescue Plan or a Buy In!!! Although it is not clear what other changes are pending, we have changed the NAME of the plan. This is truly a decisive step that makes the plan much more palatable. Thank goodness for the leadership in Washington D.C.
I think I can smell the leadership from way over here in Pullman. On second thought, maybe it's just the smell of farmers fertilizing their fields.
"Now it's not about financial institutions. The focus has switched to everyday Americans. And it's not an expenditure of taxpayer money, it's an "investment."
Rather than spending money, we are now investing money. Now I feel better. It's a great feeling knowing that we are investing money instead.
From the same Yahoo! News article.
"Let's not call it a bailout. Let's call it a rescue," said Republican John McCain.
Democratic rival Barack Obama said, "This is no longer just a Wall Street crisis — it's an American crisis, and it's the American economy that needs this rescue plan."
House Speaker Nancy Pelosi's take: Its not a bailout but "a buy in, so that we can turn our economy around."
Perhaps the most important change to the bailout plan is that it is no longer a bailout plan. Now it is a Rescue Plan or a Buy In!!! Although it is not clear what other changes are pending, we have changed the NAME of the plan. This is truly a decisive step that makes the plan much more palatable. Thank goodness for the leadership in Washington D.C.
I think I can smell the leadership from way over here in Pullman. On second thought, maybe it's just the smell of farmers fertilizing their fields.
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