First of all I would like to congratulate the 95 Democrats and 133 Republicans who had sense enough to vote down that ridiculous $700 billion dollar bailout for Wall Street. It was an unnecessary burden on our budget, but the war's not over, Main Street.
In light of the vote in Congress rejecting the bailout, the folks down on Wall Street decided, let's not trade anymore and let's play games with the American people. The stocks tumbled almost 800 and now everyone's freaking out because some fancy gamblers lost at their own game.
On top of that, since the Federal Reserve chairman didn't get his way in robbing the taxpayer of 700 billion dollar, he took it upon himself to pump 650 billion more dollars into the system. If you can't extort the taxpayer directly thens teal the value of the dollar.
I don't know about you, but I'm sick and tired of Wall Street continuing dominance over and adverse impact on Main Street. We need a new stock exchange that measures local economies rather than having only national and multinational corporations being invited to the ball and their success being the only measure of America's economy.
...and for heaven sakes...86 THE FEDERAL RESERVE!!! Or at least tighten up its money supply.
The battle has begun between Wall Street and Main Street. Which side are you on?
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