Quote:
Originally Posted by Realist_Classic
Although Bernanke's a scholar of the Great Depression (and by implication he would most likely try to avoid a repeat of history), getting a skeptical Congress to agree with a bailout for excesses caused by the financial services industry is a different matter altogether.
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Nothing can be done about what happened. Right now, they need to look at the future, and choose the best method to minimize the ongoing problems, regardless of who gets the most out of it. If they don't do anything, it will still be the poor who may get affected the most. It is sad that those hands approving hundreds of billions of dollars to kill people from other countries (even though they may not actually be willingful to say yes to that) cannot do the same when it comes to saving their own people.
Another sad thing is, for the Democrats, they might have lost the argument they have to put all the blame on Bush. Now, they will need to do some sharing.