Re: Feds nationalizing financial services industry
This whole situation has enormous implications for the various proposed national health "reforms."
First of all, after we have re-financed Wall Street we will have even less money to work with and we can agree that the sky is already the limit as to how much would be required for Obama type plans and even McCains.
Second, and this will not be a popular thing to say, the libs have good arguments that they can make. They argue that we can never seem to come up with money for health care but if Wall Street gets in trouble or we have a war with little or no reason for it then the country can come up with a trillion in a week. We may have things to say back to that and maybe they are not right but that argument is not without merit. I say this in the spirit of understanding what we are up against not to support it.
Third, there is a short and finite amount of time between now and the elections. Because this financial crisis is going to consume so much attention, it is highly unlikely that health care reform will get discussed in much detail before we elect someone. That is disappointing because this is the time in the process where it would be good to be talking about it almost all the time and in detail.
I would have one little piece of advice to Iraq: Plan on spending some of your massive oil revenues next year. We are pretty well broke and both the libs and the conservatives are going to want some of that money, even if it is in the form of a reduction in aid to them. It's ridiculous.
Last edited by Winter_123; 09-20-2008 at 11:08 AM.