You have bailed out the bankers. Now that you've floated them the money to ensure their soft landing — some would characterize this government intervention as unprecedented socialism — will they return the favor once they get their investment houses in order? Don't count on it. But do count on the bankers and their Capitol Hill allies to angrily characterize your pleas for help as "socialistic."

All that's in the future. Here's how the Washington Post describes this afternoon's vote to use your money to wash away Wall Street's sins:

In a dramatic reversal, the House today approved by a comfortable margin a $700 billion financial rescue package that will bring the greatest intervention of the federal government into the private marketplace since the Great Depression, attempting to prevent the economy from sliding into a deep recession.

more: Bidness, FINANCIOPATH, Featured

comments

We've become a nation of addicts and enablers which has played out in the financial dysfunction that almost (?) bottomed us out? As we know, addicts need to hit rock bottom and then the whole (family) system can begin to heal. But Wall St. didn't bottom out. They used the desperate and convincing plea that addicts use to get their fix. And they got it! Guess what? They'll want more. And we are like the poor codependents wringing our hands and thinking about how to fix them. Unless we take this into our own hands, each one of us individually nd make decisions for ourselves, this will not change. Let's pick one day to protest by picking a day where we don't show up for work or a day when we don't buy gas and let them know that we will continue doing this because we are not afraid of them. They have us by the balls. FIGHT!!!!!

Posted by: mo at October 3, 2008 9:45 PM

I wonder what they Senate heard that made them change their minds.
A threat of losing their benefits, perhaps?
In this election we need to show them how "demons" and "re-pubics" are the same.
Is there anyone out there big and independent that won't need this fake power from this dirty politics? It's our only chance now!
A government is a shadow of what the people are.
A change in consciousness is a must in order for our country to survive.

Posted by: Luke at October 4, 2008 12:26 AM

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