alwaysalady

It's Time for the Govt. to Spell Out the Risks of Not Rescuing Financial Markets

Exactly what I've been thinking! Paulson & Co. may as well be saying the "big bad wolf" as vague as the need for this proposal has been currently expressed. They act like a recession is the end of the world.
Their world maybe, but I have lived though a recession, lost my job, found another one and survived. I've paid 12% on an adjustable rate mortgage which went down every adjustment period.

It's insulting that the risk/ reward isn't being quantified. I've written to both my senators and told them that I expect them to understand all aspects of this proposal and that includes understanding how the total amount was arrived at, who will be hurt and how if it is not passed and who will be hurt and how if it is.

If everyone did the same, Congress would realize that this is where the rubber meets the road in the accountability game. To stay on the sidelines is not acceptable and is not something we will forget come election time.