Next: Who’s Going to Bail Out the Bailout?. Previously: WAR Report, Day Something.

Death of a Bailout

178 words.

I’m kind of glad the bailout bill failed.  The “credit crisis” hasn’t affected me in the slightest, and I have yet to see any specific explanation of how it might affect me in the future.  So now I won’t be able to get a loan for more money than I can ever pay back… that’s a crisis?

I’m no fan of Nancy Pelosi, but I don’t think she caused the bailout to fail.  I mean, she says partisan stuff all the time and Republicans haven’t melted down before.  But on the off chance that she did kill it, way to go Nancy!

I was surprised Eric Cantor voted for the bill.  It had his “insurance” provisions in it but it didn’t sound anything like what he originally wanted.  For one thing, it sounded like the insurance was optional.  Who’s going to voluntarily buy insurance when they could get free money from the government instead?  It felt like more of a token effort than a real push to defend the taxpayers.  Maybe he… *gasp*… compromised.  RINO!!  Burn the heretic!!

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Next: Who’s Going to Bail Out the Bailout?. Previously: WAR Report, Day Something.

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