Tuesday, September 30, 2008

Political Prophets And The Bailout

Three former American Presidential candidates have consistently warned of the impending financial disaster facing America, Ross Perot, Pat Buchanan and Ron Paul. Only Buchanan grudgingly accepted the President's now defeated plan. In a September 23rd article titled "An Amnesty For Stupidity" he writes: "Paulson may be right. To save the sheep who might have been wiped out in a general financial panic, we may have to save the pigs." Ross Perot has submitted his own plan to the public and Ron Paul, a Congressman, has voted against the bailout.

I'm one of those who grudgingly accepts the need to do something ASAP. No matter who is to blame, if the "machine" grinds to a halt, it will never in our lifetime start again. We only have one shot and time is rapidly running out. Hopefully a new plan can be brought to the floor by Friday. Otherwise, it really will be the "end of the world as we know it".

1 comment:

Anonymous said...

I like Ron Paul, believe it or not. He was my 2nd pick.

I hope something gets done soon.