With a 400+ jump in the Dow things are looking up for today, anyway. Will it hold? That is anyone's guess.
The leadership of both parties in Congress, Hank Paulson of the Bush Admin, and Ben Bernake of the Fed all convened a meeting tonight to try and put this thing to rest, or at least get it on the right track. Will they succeed? That is anyone's bet. Why are they being so non-partisan? Two reasons, one they know this problem is bigger than one party and there is plenty of blame to go around, so they will do what they can to help stem this crisis. Secondly, and more important to some, they want to get back to their constituencies.
Job one is getting reelected. To be seen doing nothing at this time would bring too much political damage to them.
Country second!!!
Thursday, September 18, 2008
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