Please sir! Might I have some more?

Hank Paulson told media today that he will be going back to Congress to request a few more dollars for the bailout. It seems the 700 billion Congress voted for two months ago was less of a fix and more of an installment and Hank and company now need an additional 800 billion dollars to get the economy going again. It is clear that whatever happens in the future Hank Paulson will be set for life as his friends on Wall Street will be more than happy to scratch his back as he has fully scratched theirs.

Today's Favorite Photo

Breaking the Bank

Pause!!!!!

Presidential hopeful John McCain wants to postpone the Friday debate so as to focus on the financial crisis. He has also stated that he will stop campaigning after Thursday so that he can head back to Washington to focus on the emergency.

According to MSNBC

Republican John McCain says he's directing his staff to work with Barack Obama's campaign and the debate commission to delay Friday's debate because of the economic crisis.

In a statement, McCain says he will stop campaigning after addressing former President Bill Clinton's Global Initiative session on Thursday and return to Washington to focus on the nation's financial problems.

Draw your own conclusion!

Temporary Powers

I have not said much about this crisis on Wall Street (mostly out of fear). But as more and more information comes out about what President Bush and United States Treasurer Secretary Hank Paulson want to do to fix the situation just sends shivers down my spine. Literally they want us (The people of the United States) to write a check for at least 700 billion dollars and we can’t even ask what is going to be done with the money. They want us to hand over temporary powers with the promise that they will take care of us.

I remember seeing a movie a few years back when a political leader asked to have temporary powers to deal with one very specific situation. That situation wound up lasting over twenty years. What movie was that???? Oh Yeah!!!!!