I Can’t Believe that the Bail Out Bill Didn’t Pass Through Congress Yesterday
I was completely expecting this bill to pass. I thought everything had been worked out and both sides were happy with the compromises. Then when I got home last night and listened to the news, it had not passed.
To me, this means one of two things. Politicians are trying to make sure their friends and family get to see some of this money, or (i hope this one is the real reason) several people in the house are actually trying to look out for the people of the USA.
The government jumped into this bill extremely fast. The Bush Administration basically asked for a blank check. Congress said no. Congress wanted there to be rules on how this money was going to be used. They worked on it all weekend. The fact that it failed to pass shows me that there are still problems with it. It was thrown together too fast. I think there might have been a chance that we would have regretted this decision later down the road.
Now some time can be taken to make sure the money will be helping the right people. I think this bill is going to pass; it’s just a matter of how and when. What do you all think?