To Bail, or Not To Bail...

So, last week, Congress had a deal to fix the economy, but then John McCain felt a little left out of the picture, so he came swooping into Washington, and stopped the deal. Well why not? He's not a guy who has to worry about his rent... It's not that I mind bipartisanship on such an important matter, but this crisis has been brewing for a long while, and we shouldn't have to make accommodations for those who show up tardy to the party. Congress had no business being taken by surprise. Now it's stalled again. The House may vote on it today, but the Senate won't until Wednesday, there's a religious holiday.

It just seems to me that somebody's deliberately stalling, allowing somebody's conception of perfection get in the way of good. The truth is, the fix doesn't need to be perfect, it just needs to make sense. The market's going crazy not so much because conditions, as much as it knows new rules are on the way, and it doesn't know what those new rules are. Once the decision is made, the market will adjust. The market has an inherent gyroscope, that will provide direction, to those who know how to read its signs. At the moment, you've got billionaires bargain shopping, that's a good sign, but it often comes with a scary result. Too few people, owning too great a proportion of everything...

Congress, make a deal. Make it good, solid, quick, and make it make sense. We understand that somebody's going to lose. But the sooner that's decided, the sooner those folks get to start again. We are paying attention, and we know who is saying what, so don't let us down.