Yesterday all the news I read pointed to lawmakers coming to an agreement on the bailout. Then this morning my wife told me all about what she watched on C-Span during a bout of insomnia last night. It seems everybody is in agreement on the direction of the $700,000,000,000.00 Bailout except the House Republicans. Because of that I must say thank you. ...
I have one reader/commenter Jason the Saj who continually complains about politics down the party line and I agree with him whole heartedly. That is why it is easy for me to applaud any group of lawmakers saying, "Hold Up! What other options do we have here." My wife and I even discuss a $25 co-pay to decide whether or not it is the best option even though good health is extremely important to both of us. So I applaud someone saying, we can take a little time and make sure we are doing what is best for the tax payers.
FDR said it best,"The only thing we have to fear is fear itself". There is also a quote from Dune that works but I digress. We must not cave to the fear of the situation. In the recent past we have found ourselves doing this too often and it seems to breed more fear and uncertainty. We must let this fear pass over and through us as we see our way forward.
On a slightly related topic, it would be nice to hear people begin to talk like the $700,000,000,000.00 bailout is not a done deal. When I first heard about it, I thought it was already written in stone. Now it appears that it isn't a sure thing and yet the media and most others are all talking like it is. Let Wall Street live through a few weeks of uncertainty - as all the paperwork says there is no assurances in investing. Those of us who don't work on Wall Street ( A.K.A. the vast majority ) appreciate less panic and more calm discussions leading to the most agreeable outcome.