www.congress.gov crashing: Looks like we're waking up and doing our homework.

[jazzjunkysue]

It says the high traffic is resulting in lack of accesibility.

I wish it didn't take a financial catastrophe. But the "I don't care about politics" meme is dead for a long time.

[OhioChick]

1. Yep, crashing it is.

I tried writing to Dennis.

[livelongandprosper]

2. Yep. You did your homework and the result is wonderful

-777

Thanks for all your wisdom.

[NEDem]

5. Yeah,

How many people will have to put off retirement for another year or two because of all that "wisdom?"

[livelongandprosper]

8. And not to mention how many people will lose their jobs

lose their health insurance and how many banks will go down the toilet in Europe whose customers are NOT responsible for this mess

[malaise]

3. The only way to wake up America is to

fugg with their money.

[RUMMYisFROSTED]

4. The pendulum returneth.

The pendulum returneth.®



Mark the day.

[OhioChick]

6. I believe

"The pendulum returneth.®" bailout or no bailout.

[RUMMYisFROSTED]

7. Hopefully it checked it's progress soon enough.

[jazzjunkysue]

9. This will calm alot of fears: I mean it. Seriously.

Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger

By Dean Baker - September 29, 2008, 6:09AM

http://tpmcafe.talkingpointsmemo.com/2008/09/29/why_bail/

If you have a real story, you don't have to make up phony stories. That's pretty straightforward.

I've heard lots of phony stories. Much of the country's political and economic leadership has been running around raising the prospect of the Great Depression and a breakdown in the banking system (I actually had taken the latter seriously). These stories are absolutely not true.

There is no plausible scenario under which the no bailout scenario gives us a Great Depression. There is a more plausible scenario (but highly unlikely) that the bailout will give us a Great Depression. There is no way that the failure to do a bailout will lead to more than a very brief failure of the financial system. We will not lose our modern system of payments.


At this point I cannot identify a single good reason to do the bailout.

Read more. Very reassuring.

You shouldn't have your retirement money in the market if you're close, and this is why.