Second bailout in the works

in a forum:

I just received a email from my Senator Obama(not a fan)he feels we urgently need a second bailout, i let him know the first was not needed and a second was not needed. As a former Bear Stearns employee i told him let the free markets do the job. People win and lose money so be it.

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If you listened to the debate tonight you may know that it was McCain who advanced a new idea to buy struggling people's existing mortgages in a 300 billion dollar bail out. I am sure the republicans who have just found this out tonight are thrilled with their maverick.