I'm feeling a little better. I'm glad that the bailout didn't pass. Why should the companies get rich if they do well, and the taxpayers have to foot the bill if they don't? I can understand that if Congress doesn't do anything it could be catastophic for the country, but shouldn't get something in return besides stuck with the bill? Something like enforcement and oversight over the money so that it will do some good, and penalties if it isn't? And I've read in a couple of places that the $700 billion price tag was pulled out of a hat (like Sen. McCarthy's original list of communists in the State Department was a laundry list) how about a more accurate accounting of what is needed and where it will go? And along with eliminating the golden parachutes, how about lowering executives' pay that we have to bail out? Maybe a little something about stopping at least temporarily the foreclosure of peoples' homes, or rewrite those mortgages so that they have a chance to pay it back? And maybe something about us getting something back for all the money we have to pay in?
And while I'm at it, I'd like a new car, a job that I really like that pays a lot of money, and an HDTV.