Monday, September 29, 2008
Public Opposes Bailout?
I'm not sure if the public understands that this is not a bailout of Wall St. It is rather a bailout of the whole economy, which means saving jobs, saving retirement funds, and preventing your banks to fail (i.e., preventing a major economic disaster akin to the Great Depression). This is not a matter of just not being able to buy cars and homes. I thought Bush, Bernanke, Paulson, McCain, Obama, Pelosi, and Frank had made this abundantly clear. I guess not. Either that or the majority of Americans are so honorable and heroic that they choose to sacrifice their livelihoods for the sake of principle.
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