Posts tagged: Economic bailout plan
Good morning, Netizens…
The bear isn’t buying the deal! With the announcement that the economic stimulus plan is a done deal, the Wall Street bear in this morning’s David Horsey cartoon isn’t buying any of it. Judging by the fallout dramatic drop on Wall Street the last few days, it may appear to some that is quite probably true.
Depending upon where you hear it, which faction of the political spectrum is talking at the moment (and who isn’t talking right now?), the plan put forth by the Democrat majorities of the House and Senate is either a piece of drivel that needs more padding, or on the other hand, needs less. Some say it is nothing more than featherbedding while others say it is absolutely necessary for our economic survival. Perhaps it is easier to blame George W. Bush for our economic problems than it is to solve them.
The real issue appears to be if the world financial community will buy the plan. Right now their financial and stock markets are tanking too.