Bailout Bill!
Today the House of Reps. will be voting on the bailout bill. This bill started out with only three pages. The bill that was passed by the Senators was over 500 pages long. This is because everyone wants to through in their own little pet projects. This is how our government works. Is it right though? I don’t think it’s right at all. I think we need to stick to the problem and leave all the pet projects out. But that will never happen, as long as we keep electing crocks into office. Before we elect anyone we need to make sure we do a credit check and complete background check for now on. Oh, and drug testing on these elected officials. I swear I think a few of them are on drugs. Anyway, these are the chosen ones to vote on bills that some never read. Heck, if they ever did read them they might never understand what they’re reading. How many do you think sat down and read the new 500-page bailout bill. I would say about 100 sat down and read it. The rest will just play follow the leader. I will end with, pass the bill House of Reps., give the American people at lease a chance to make this work. If it doesn’t pass today god help us all.
Bad Days To Come!
Another huge drop on Wall Street today. The Dow Jones industrials fell more than 340 points to end at 10,482.45. The sure sign of a recession is in the air. I’m starting to believe that even if the house passes the bailout plan will be enough to save the economy. We’re at a seven-year high in jobless claims and factory orders are way down. That means more jobs will be lost very soon. And now we’re coming into some of our biggest holiday shopping months, which the retail market could feel the pinch. Heck, I wouldn’t be surprise by Christmas time we’re in a recession. The way I see it is, this bailout bill isn’t going to help at all. But if it does help, which I sure hope so, I will be surprise. As always, let hope for the best, but be ready for the worst.
Rescue Plan!
Will this rescue plan be enough to save our economy? That’s the million-dollar question that is being asked by just about everyone. I really don’t know if this will be the right move. There are a lot of people on both sides of this rescue plan. A lot of people feel it will help make of economy get back on track. And on the other side of the coin a lot of people think it will fail. I will say with the Dow Jones opening down 200 points it looks like is very will could fail. The Dow’s rough start could also be because of the sale of Wachovia to Citigroup Inc. So over the next few days will come the real test of this plan. I do sure hope it works out in the end. I really don’t want to go through what mine grandparents went through with the great depression. I only want what’s best for my family and America.
Not-So-Secure!
I was just reading that the FBI has a suspect in the hacking of Vice Presidential candidate Sarah Palin’s Yahoo! e-mail account. According to reports the FBI caught a University of Tennessee-Knoxville student David Kernell. David Kernell is the son of Tennessee Democrat State Representative Mike Kernell. The Secret Service and the FBI are both investigating Kernell. It seems that he was bragging to other hackers on a message board. He also had posted how he did it by using Yahoo! reset function. He used her stored security question, which was “Where did you meet your husband?” He then did a background search on her and found out where they hooked up, which was “Wasilla High School.” He then posted screen shots of the account and even the new password. He was caught because another anonymous message board member turned him in. The other member logged into the Palin’s account and changed the password again. After he changed the password to protect her information he then contacted the Palin family with the new password. It took the FBI a short time to find Kernell after tracking him down through the proxy server he used. This guy should go to jail for a long time, put he won’t because of his daddy.
