More interesting to follow is the Palin/Biden debate that is coming up. This hockey mom is sure making the elections colorful - to say the least.
Her performance on TV is, unfortunately, getting only partial coverage because of this sorry and sad state of the US economy. So - if you haven't seen this .. go ahead and click - you will feel much better..
OK.. now on to the economy... The republican leadership of this country are between a rock and a hard place. They will be damned if they approve of this bailout - and damned if they don't. It goes against the grain of their very principle, their ideology. The 'ownership society' is faltering - and they are to be blamed.
If I was asked the single reason for this implosion - the years of 1% fed interest rates under Greenspan. Somehow - everybody got the idea that it was okay to live beyond your means - and the government was encouraging it.
So after propping up the country's economy, and giving a false sense of security, the Bush administration is all set to go out with a wimp. Indeed, history is all set to judge him and the republican political machine as the most destructive this country has seen in its history. Pity, an entire generation is set to suffer because of the failed policies of one man.
