Kayboe

Skeptical This Relief Rally Has Legs

RE: Jim Grants lament in the WSJ

I think John and Jane Q. Public are afraid to complain. Perhaps someone who wants to complain works for or manages an American auto manufacturer. Go ahead complain that the government is bailing out investment bankers. Do that and the Bush bureaucrats might get even -by not bailing out that auto company you work for! Need votes in Iowa -go with ethanol. So what if this ends up costing all of us more and provides less food for the world. And so what if many rich fat cats stay rich because their investment bank wasn't allowed to fail -like any other small business would. This is how the current administration operates. Plain and simple. And when the Dems win in November -they can't wait to get in on this type of action. Action they have been missing for 8 years! All Jim Grant is really pointing out is the fact that the lobbiests are busy - simply doing their jobs.