The bailout

Here's tonight's links...

- John McCain has supported deregulation for almost his entire political career. But now that the economy is in the dumps and is the top issue of this election, he's decided that maybe deregulation isn't such a good idea after all and is conveniently switching his position: http://www.cnn.com/2008/POLITICS/09/23/mccain.bailout/index.html

I can accept that people can change their mind on a topic when they discover new information and learn that what they thought before wasn't the best idea, but this just reeks of pandering to the voters. He knows he can't win this election by spewing his same old deregulation talk so he conveniently changes his position after all these decades. Don't be fooled! McCain has been one of de-regulation's strongest proponents for his entire Senatorial career. He's always been on the side of the wealthy and businesses at the expense of the middle-class. Now he's trying to win this election by saying anything. DON'T BE FOOLED!

- Here's another story from Time about the Bailout: http://www.time.com/time/politics/article/0,8599,1843642,00.html?xid=site-cnn-partner

I'm assuming (or hoping) that the purpose of this bailout is to help stabilize our economy and save people's jobs. But it still makes me sick that the American public has to pay for the greedy behaviour and outright stupidity of these companies that are getting these bailouts. Why do we have to pay for their mistakes? Are these CEOs going to be forced to reimburse the massive bonuses or golden parachutes they got while running their companies into the ground? At the very least they should have to do that. I read the FBI is investigating all of these failing companies and hopefully something positive for the tax-payers of this country will come out of this.

- Remember this article and what the Republicans are doing right now with this bailout when you go to the polls Nov 4th. It talks about the poor middle-class people that are losing everything but not getting any government help: http://www.msnbc.msn.com/id/26841602

Bailing out the rich... nice!

- This article talks about how Joe Biden has been saying things that are against Obama's policy plans: http://blog.newsweek.com/blogs/stumper/archive/2008/09/23/biden-turns-on-the-gaffe-machine.aspx

C'mon Joe! Get with the program! Jeez! We can't have the VP Candidate saying things counter to what Obama's saying.