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.

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.

No comments: