Well, the powers that be have failed to pass legislation to authorize the “bailout” of the economy. Now, we have all been told that something has to happen before the financial meltdown of the economy takes place. With the failure to pass some kind of resolution, the DOW plunged 777 points as it became increasingly understood that the plan was not going to pass.
Of course, there is the typical finger pointing on both sides of the aisle…Republican-Democratic each blaming the other. Get over it, get back to work and get this mess figured out. We don’t have time for those stupid games that politicians play. The public is scared, they are angry and they are nervous…this is only going to make the situation worse.
The thing of it is..the longer this situation goes on…the worse the situation becomes. Even those movers and shakers who WERE going to vote for this bailout plan…were saying how awful it was. You know what that means…none of us are going to like it. We are going to be hit where we hurt. Many Americans are already living in the financial equivilancy of a critical care unit.
I am imagining it somewhat like a cancer patient who is told…that their disease is going to kill them. But, aha…there is a treatment for you…it is dangerous, it is painful, it could have serious side-effects that no human being wants to endure…but, maybe, just maybe “You would like to give it a try?”
What are we to do? It is time to get back to the drawing board and fix this situation in a way that more House and Senate members can get behind…and soon! Someone had better get back to work figuring this out…or the election in November is going to take on a whole new significance. It might just be the election that no-one wants to win; as it could be like being told you get to be the captain of the most elite ship ever built…but, the name of that particular ship is called “The Titanic”. Who wants to take on that legacy and have their name tied to it for all of eternity?
What is going to be the impact of this failure to direct some kind of stability in the financial well being of the United States of America?