Washington gets scolded on a potential $700 billion bailout plan for the rich. Their calls were running a reported 90% against such a plan. Remember, these folks are all running for re-election. Apparently a majority of them are not into being unemployed. Stay tuned. This one ain't over. In the meantime, it won't hurt for the rich to get a taste of being poor. Keep in mind, retirement plans are a rich man's fancy. You may qualify.
| | | |
|
|
And we ate bolgna and rice for lots of years on my teacher's pay to get a little in our retirement fund. The goal of that was not to live under the overpass with the homeless or sponge off of our children. Pelosi and those jerks will not have to worry about that. Retirement funds are not just for the rich and famous.
The estimates are varying on who wants what. I see polls at different percentages. Polls end up reporting what the poll takers want. If we go by number of people effected by Wall Street in retirement plans or plain stocks, you don't come up with over 50%. Retirement plans are not a poor mans fancy. You and I are going to lose some money, probably one way or the other. So far they haven't convinced me that we should bail them out.
You can count on the House seeing things a bit different this time around. Most of them will be wearing slings. Never let it be said that democracy cannot be influenced by dumbness. The big difference between this bill and the first, moving the FDIC insured amount from $100,000, to $250,000. Name me five people you know who that will effect? The unending stupidity of these people only matches our overwhelming naivete. We will once again give our hard earned money to the rich and not think twice about it. I think I'll right a column on middle-class morons. I won't be wanting for material.