The Times: Reports that the Wall Street Bailout bill approved by the Senate might have problems in the House of Representatives. In this case it might be Conservative Democrats who will not like the tax breaks that are not paid for by cuts. This is a bad bill, it has gone from seven hundred billion to eight hundred billion, the tax cuts and banking protection for depositors is a gimmick, its shield for those that have to go back to their states and explain their votes to their voters. Those on the left and right should oppose this bill. Lets go back to the credit crunch, the theory is that lenders will not lend to small business or to customers. This is bull, at the end of the day lenders are in the business of making money, thus by its term lenders lend, that his how they make money. The difference this time is that they will lend to companies and people money that they can pay back, not lend money to bad companies or people with no jobs or low credit. Thus this is the time to protect main street. Let Democracy work, let business work, oppose this bill.
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