Tuesday, September 23, 2008

Encouraged that people are questioning the $700 billion bailout plan

I am encouraged and hopeful after seeing today's article from Peter S. Goodman of the New York Times, http://www.nytimes.com/2008/09/23/business/23skeptics.html. Skepticism is good in the time of crisis that would force people to debate, to negotiate, and to look for alternatives.

More importantly, it gives the politicians in Congress more breathing room that they will not get blame for inaction. It gives them more negotiation power against the White House.

Now, I am even more encourage that the press is finally asking questions instead of following along like it did during the lead up to the Iraq War.

And the last test, do the American people learned its lesson and allow their elected official to debate the issue and not overwhelmed by political pressure. It is too early to say what the outcome will be. I hope that is one lesson that we better had learned as a nation.

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