Breaking Bailout News!

        Breaking news on the bailout…it seems that the House now has enough votes to pass with at least 230 votes.  The bailout plan has already passed in the Senate.  At least 218 are needed to pass the bailout plan in the House of Representatives.  Last week the measure failed to pass the house and there has been alot of uncertainty since that time.   The failure was 13 votes shy of passing at that time.

         If this measure actually takes place and is approved by the house…there is going to be controversy.  If it doesn’t take place there is going to be controversy.   Some say that expensive add ons were added to the bailout to make the idea more appealing to house members.  This idea of adding on to the already very high price tag is something that doesn’t sit well with many voters.  The vote is supposed to take place later today, on the bailout plan.   What i would like to know is what is in the plan; how much is it going to cost me and my family, and how soon will we see changes in the economy?  What happens if this bailout fails to improve the financial condition of the voters in this country?

          Is this bailout a good idea or a bad idea?  What do you think on the whole situation?  What kind of impact is this financial crisis having on your finances and your family situation?

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Detroit’s Motto

     Detroit’s motto says something about it’s people…they don’t give up easily.  Generally, that fighting spirit is a good thing.  It helps us to overcome much in life.  The motto:  Speramus meliora; resurget cineribus means,” We hope for better things; it will arise from the ashes”.    

     That motto was written by Father Gabriel Richard when the school that he had built in Detroit was destroyed by a fire that destroyed the city in 1805.  Obviously, the people of Detroit took that motto to heart and have rallied, to rise from the ashes more than once.  It is time to fight again from recent news reports.

       Wayne county prosecutors are preparing to amend the charges against Mayor Kwame Kilpatrick for perjury in the text messaging scandal; that has all but, tied up the city of Detroit with it’s complications.  It seems that the prosecutors have discovered new text evidence that underscores the mayor’s alleged extra-marital activities; and the fact that, they were not limited to his former aide Christine Beatty.  It makes you wonder if she knew of the others; and how she feels about their relationship now.  It also makes you wonder if his wife knew of the others before it came to light in recent days; she has shown great forebearance by standing by him;  when the other accusations came to light about Ms. Beatty.  Mr. Kilpatricks personal and public relationships are appearing to be very complex; and the text documentation could prove to be his legal undoing.

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