Monday, October 6, 2008

Sweeten 700Billion Deal

It has been one and a half week of president GW Bush demanding that the Congress approve a 4th bail out bill for the Financial Corporations, Banks and Wall Street. Only this time it was 700Billion tax dollars being decided on.

However, at first the Republicans walked out of the meetings. They refused to approve the 700Billion bail out the way it was written. Of course the Democrats also did not trust the bill that was presented to them because the Democrats wanted regulations and limitations added to it.
But that is not what the Republicans were concerned about and it is not what they wanted added to it. No! The Republicans in the Senate stated they would vote for it if they rewrote it. Well they did, and the Republicans added a lot of pork which has come to be known as the sweet deal.
Yet there was NO REGULATIONS, NO LIMITATIONS, NO RESTRICTIONS, and NO GUARANTEES for the American Tax Paying working middle class people.

The 7 1/2 years of the Republican GW Bush presidency has given us a roller coaster economy EVERY SINGLE YEAR since 2001. Guess Republican Bush just wanted to leave his office with something big to be remembered for in history. And it looks like he got his wish.