Two days after the House rejected the $700 billion bailout bill, the Senate is set to vote on the rescue plan for financial institutions.
It’s like a bad horror flick. The hero (in this case individuals pressuring congress) kills the evil monster (the bailout). Just as the victim and the hero embrace to celebrate their victory, the evil monster comes back to life – menacing them once again. The Senate is currently trying to bring the evil monster back to life with legislation from their side. It will take another heroic effort of calling, writing, faxing, and emailing to convince the politicians and the insiders that we are not quite so gullible as to buy into this insider bailout as being for the little guy.
Amanda Ripley does a good job of outlining the next strategy we can expect from the well-bought politicians. Although Ms. Ripley is obviously in favor of the bail out she does provide a little insight into the next wave of propaganda for the bailout.