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10-07-2008, 01:09 PM
David Asman
FOXBusiness
What happened last week won’t go away. A lot of politicians who went against the will of their voters were hoping it would all be forgotten by Election Day. But it won’t be forgotten.
That’s because the bailout obviously wasn’t a quick fix. As we saw again with Monday’s huge stock market drop, the markets don’t behave the way politicians tell them to behave. Just like voters don’t behave the way politicians tell us to. For weeks, we’ve been told in a very condescending way that we didn’t understand this mess…that the “experts” know how to fix things better than we do. These are the same “experts” who were asleep at the wheel about monitoring Fannie and Freddie and all the worst culprits in this mess. And now these “experts” are telling us like children that we just don’t understand. In short, the politicians who helped get us in this mess are adding insult to injury as they’re engaging in the biggest money and power grab in my lifetime.
How could there not be a political uprising against this? Eventually, some politician or group of politicians will harness this discontent. Maybe it will be a true outsider…someone like Howard Jarvis, who started a nationwide tax revolt in 1978.
But it will come. I have no doubt. And when it does, we will be closer to getting the People’s House and all our houses in order.
http://www.foxbusiness.com/story/markets/expect-revolt-bailout/
HOW BOUT THEM APPLES?
Lets make it come true....
FOXBusiness
What happened last week won’t go away. A lot of politicians who went against the will of their voters were hoping it would all be forgotten by Election Day. But it won’t be forgotten.
That’s because the bailout obviously wasn’t a quick fix. As we saw again with Monday’s huge stock market drop, the markets don’t behave the way politicians tell them to behave. Just like voters don’t behave the way politicians tell us to. For weeks, we’ve been told in a very condescending way that we didn’t understand this mess…that the “experts” know how to fix things better than we do. These are the same “experts” who were asleep at the wheel about monitoring Fannie and Freddie and all the worst culprits in this mess. And now these “experts” are telling us like children that we just don’t understand. In short, the politicians who helped get us in this mess are adding insult to injury as they’re engaging in the biggest money and power grab in my lifetime.
How could there not be a political uprising against this? Eventually, some politician or group of politicians will harness this discontent. Maybe it will be a true outsider…someone like Howard Jarvis, who started a nationwide tax revolt in 1978.
But it will come. I have no doubt. And when it does, we will be closer to getting the People’s House and all our houses in order.
http://www.foxbusiness.com/story/markets/expect-revolt-bailout/
HOW BOUT THEM APPLES?
Lets make it come true....