Well, as cynical as I am about politics, the Republicans in the House of Representatives just dropped my own cynicism to a historic low. The House just now FAILED to pass the bailout package that was negotiated over the weekend. The result? As this is being written, the Dow Industrial Average is down more than 500 points.
Republicans, who overwhelmingly rejected the bailout package, just had a press conference wherein they blamed not the package itself, but a ‘partisan’ speech given by Speaker of the House Nancy Pelosi that apparently angered some Republicans enough that they voted no, despite previously indicating that they would vote yes. The bailout package didn’t change, but apparently hurt feelings are enough to change somebody’s mind. Seriously, a no vote because you essentially got your feeling hurt? What are we, in third grade again? Are you so clueless that you truly cannot put aside partisan politics to help this country avoid economic calamity and get back on the road to recovery?
While our economic system is wounded, clearly our political system is completely broken, when a group of ELECTED officials find it impossible to do what’s right for the American public because they got their feelings hurt.
Life on some tropical Polynesian island run by a king is starting to look pretty appealing right about now.