Um. Okay. No bailout for now.

[xiphias]

So, the House Republicans -- as well as a pretty good number of House Democrats -- have rejected the bailout plan.

I have absolutely no idea if this is a good thing or a bad thing. None whatsoever.

In general, though, if this means that they have to go back and put together a new plan that actually has THOUGHT behind it, one that they can EXPLAIN to people, I suspect that would be a good thing. I was uncomfortable with the "AAAGHHH! PASS THIS BILL NOW SKY FALLING EMERGENCY DANGER WILL ROBINSON GIVE US MONEY THIS SECOND" thing.

I could very well be wrong. Maybe I ought to be buying a shotgun and rifle and stocking up on canned goods -- I have no idea.

. . . I kinda want a .22 bolt action rifle, anyway . . .

Comments

[xiphias.livejournal.com]

I don't 100% agree. I feel that an elected official should always do what he or she believes is best for the country, accepting that, if their ideas are different than their constituency, they will not be re-elected.

It's important to take the People's voice into account, but a representative should never follow a course of action that he or she thinks is immoral because it is popular.

[ron_newman]

OK, I'll grant you that, but causing this bill to fail is hardly "immoral". Maybe imprudent; we'll see.