Fellow conservatives please stop listening the liberal media we all hate and get a grip. This is not a $700 billion bailout period; get that phrase out of your head. We are going to buy mildly risky loans at a substantial discount and ride them into  profitable investments (granted I’m sure congress will squander any gains). I don’t care if the loan to value ratio is 110% with a 60%+ face value discount I wish I had the wherewithal to pick up a couple.

This will inevitably happen, it must, we can not afford to ride this out. Was the bill perfect? No of course not the democrats have a majority remember? I know we all want to punish Wall Street, but failing to act will only punish us. CEO’s will still get there mega bonuses when the businesses shut down and we’re out of work.

The DOW dropped 778 points in a couple of hours, what’s going to happen tomorrow? Do you want to explain to my 80 year old aunt, who while watching her soaps lost 7% of her retirement account, how we need to teach Wall Street a lesson?   

And if you think it’s just my aunt who will be hurt I would like you to watch not the DOW but the financial markets around the world tomorrow morning.

I know it’s painful, they didn’t even buy us a drink first but we have to do this. I know the money is going to the vary corporations who got us into this in the first place. I know that it will happen again if we don’t get some control. But I also remember that it was the left that gave them permission, no actually strong armed them into giving these loans. Let us show our rage at the ballot boxes in November. Don’t get me wrong I know the big investment outfits are culpable as well but we can not vote them out of office.

It’s vary difficult to “fight the good fight” from a soup line.