Senate Leaders!

It looks like the Senate will meet on Wednesday to get this rescue plan passed. A few things have been changed in the bill. One of them is federal deposit insurance limits moving up to $250,000 from $100,000. This will help a lot of same businesses. There will also be some tax breaks added in. I’m not 100 percent sure of all the changes. But the new changes look like this bill might have a chance. The Senate already knows what can happen if they vote no. Let’s see if they have it in them to vote no again. Hopefully they would play around with our money again and they pass this bill. It sure would calm a lot of people down and free up some money.

Tags: Senate Leaders

The Debate Is On!

Republican John McCain agreed to go ahead with the first presidential debate, which is today at the University of Mississippi. Right after the debate McCain will return back to Washington to finish on the bail out plan. After he’s still a Senator and needs to be there. Hopefully Obama will return to Washington to help with the bail out plan as well. Or maybe Obama will continue to think it’s not his problem and continue on with his campaign for president from a distance. It’s a good thing that McCain agreed to go to Mississippi for the debate. I read that the Associated Press-Knowledge Networks did a poll and the public overwhelmingly wanted the candidates to debate, 60 percent to 22 percent, with the rest undecided. I want to see these two go head to head on the important issues. If Obama gets on McCains bad side in the debate McCain will walk over him. I still have no idea who I will be voting for at this point. What I’m going to be looking for out of this debate is taxes. I think as Americans we’re already over taxed and it needs to come down.

Tags: debate, McCain, Obama

Economic Crisis!

Ok, America is heading for another great depression. But it can be stopped, only if the fools that run the great country get their heads out of their you know what and do something. President Bush had called for a meeting with top heads of Congress, McCain and Obama. Now I completely understand why Bush invited McCain and Obama, after all one of them will have this mess on their hands. Now this is where I’m having a hard time getting past Obama’s statement. McCain and Obama have a debate on Friday, but McCain wants to put it off and head to Washington to help fix the problems. After all, both are still Senators, right? But Obama wants to be a bonehead and still have the debate on Friday. He said, “It’s going to be part of the president’s job to deal with more than one thing at once.” Ok, he’s right, but Americans want their President to work on what’s affecting everyone in America. What I think is Obama is looking out for himself and wants to maybe take a vacation to St. Martin villa rentals. I don’t know that for sure, but if he focused on this huge problem all other problems will be solved. Obama is a fool and he needs to start thinking of the American people.

Tags: Bush, Economic Crisis, McCain, Obama

President Bush Warned Americans!

The warning is out for all Americans and lawmakers to get this $700 billion rescue plan approved. Bush stated in his address to the nation that if this bill isn’t passed American people would lose their retirement savings, rising foreclosures, lost jobs and closed businesses. Bush also stated “Our entire economy is in danger,” and he’s 100 percent right. I believe him and his top advisers that this bill is needed. I just don’t agree with putting our money on the line. But then again, our money is already on the line with huge loses if we do nothing. I said this in the past and will say it again; all CEO’s of these companies need to go to jail. They hid their mistakes and cooked the books to make their companies look good. And for that, they should pay. I will end with this, pass the bill now Congress, real Americans are getting hurt in the mess.

Tags: President Bush