It looks like Congress is planning to leave town without addressing the financial meltdown.
Sept. 18 (Bloomberg) — The Democratic-controlled Congress, acknowledging that it isn’t equipped to lead the way to a solution for the financial crisis and can’t agree on a path to follow, is likely to just get out of the way.
Lawmakers say they are unlikely to take action before, or to delay, their planned adjournments — Sept. 26 for the House of Representatives, a week later for the Senate. While they haven’t ruled out returning after the Nov. 4 elections, they would rather wait until next year unless Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke, who are leading efforts to contain the crisis, call for help.
One reason, Senate Majority Leader Harry Reid said yesterday, is that “no one knows what to do” at the moment.
Yeah. They don’t know what to do. Why would that be? Maybe because they have their finger prints all over the cause of the problem? What are the chances Congress will work to fix what it broke? There is a number that expresses the odds exceedingly well.
Cross Posted at Power and Control
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4 responses to “An Admission Of Guilt”
“What are the chances Congress will work to fix what it broke? There is a number that expresses the odds exceedingly well.”
Yea where’s that “Pottery Barn” analogy when it is useful.
I had thought it cowardly and irresponsible for congress to leave at this time. But reading Reid’s “no one knows what to do” comment was a reminder. He’s right! They won’t sustain this clarity for long! Let them go away and not do anything as soon as possible, with my blessing.
They won’t sustain this clarity for long!
ROTFLMAO!!!!!!11ty!!!!!!!!
Unless congress considers undoing everything it did to help create this mess in the first place, perhaps it’s best they do nothing for now.
They are, collectively, a bunch of f*cking idiots.