More government mind-changing

I .. AM .. LIVID!


"Troubled assets will not be purchased"

http://www.msnbc.msn.com/id/27677764

Remember back to the day when the government wanted to purchase bad assests off the books of big (dumb) companies? Remember when they touted a massive, ill-founded, american people despised financial bailout plan? Remember that 700 Billion dollars and the promises that were made? Remember how it was supposed to get the markets moving again?

Yeah, those were the good ol' days.

I know that I have previously mentioned how they were changing their minds and were planning on using some of the money on buying banks -- oops. I mean, buying stock in banks to bolster them up, but this is it now - This Is It.

"Treasury Secretary Henry Paulson said Wednesday the $700 billion government rescue program will not be used to purchase troubled assets as originally planned."

wow - i'm so surprised. NOT!

In fact, everything that was touted in the 700 Billion dollar bailout plan was absolute - complete - entirely - and totally .. GARBAGE. All of it. All. Of. It.

Our politicians, the ones that represent the people of America. The ones that we did (or did not) vote for. The people who DID NOT listen to the American people, in essance, passed a bill that now says 'the government can do whatever they want with 700 BILLION dollars'.

It's not a bailout bill anymore. It's not a mortgage bailout, not a bank bailout, not a big company bailout. Its now been changed to a 'do whatever they want'.

So what are we to do about it? Contact your representatives. Not that it will do us any good - we all saw how well they listened when they passed the horrid thing in the first place.

ugh.

I'm off to email my 'representative' (and that term is now VERY fluid).