The economy is hurting thanks to a combination of our love of de-regulation from the 1990s and overly greedy CEOs, greedier than normal. So our elected leaders in Washington decided to reward these idiots by bailing them out. Now I will be honest, I do not like the idea. I believe that the government should have stepped in,however this was the wrong step, especially when these CEOs are still going to get a lot of money for NOT doing a good job.
So the $700 billion bailout first went through the house. Before hand, House Speaker Nancy Pelosi (D-Calif.) gave a completely partisan speech, causing the bailout to fail. This bailout, which garnered bi-partisan support, did not pass and both Pelosi and House Minority Leader John Boehner (R-Ohio) started the spin that has made us a little bit upset at Congress for a while. Now it was the Senate's turn to come up with something new. This new thing was a bailout plan with a whole bunch of pork. Folks, pork belongs on a grill or a plate, not in a rescue plan.
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