Wednesday, October 1, 2008

On the Second Day

It Arose From the Dead.

Today the Senate will vote on the bailout. The differences? An increase in FDIC amount, tax breaks for middle-class and small buisness groups -- enough to make it parade as different legislation.

Both Presidential candidates plan to be there for the vote.

I really wish that they would consider making more provision to renegotiate loans so that the ARMS were eliminated in favor of fixed loans. ARMS are just a way to shark people and feed the banks.As a matter of fact, cleaning out ARMS should be a prerequisite to either getting a loan or selling off interest in the banks. This crap of money with no strings stinks.

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