I’ve diligently tried to inform myself about all the things at stake in this mess- I’m still confused- but several points stand out:
-The Treasury has been working on this for months- yet at the last minute when it appeared we were in a crisis- this socialist plan was the best they could do..
-Paulson can’t be trusted as an honest broker.
-The liberals are winning the PR war.
-The liberals are winning the PR war.
they are winning because of the perception McCain is for the bailout.
“The liberals are winning the PR war.”
this is clearly the most disturbing factor underpinning the current campaigns, and many posts here in the past 24 hours reflect that the constant barrage is hurting morale.
There is a lot of wagging the dog going on, and the calls here for the dog to start biting back are justified.
“-The Treasury has been working on this for months- yet at the last minute when it appeared we were in a crisis- this socialist plan was the best they could do..
-Paulson can’t be trusted as an honest broker.
-The liberals are winning the PR war.”
And what about Bernanke?
The man is no slouch.
I believe Bernanke is telling the truth.
Not that I think the dems are capable of coming up with something without ruining it...but clearly something has to be done.
It is Bernanke’s opinion that in the Great Depression the Fed make a terrible mistake by allowing banks to fail (although Feds hands were somewhat tied back then).
So the premise is - how to prevent the banking system from collapsing?
The liberals/dems will always win the pr war because they have most of the media in their hip pocket. Even Americans who are paying attention (especially those who haven’t really been up until now) are besieged by misinformation masking as certainty. And most of them don’t bother to go out and find out the truth. And so, they buy the liberal story. How can you possibly win a pr war in that environment?
susie