The Secretary of the Treasury, Federal Reserve Chair, and head of the Federal Reserve in NY are taking this weekend to plot out a way to save our economy (and likely the global economy) from collapse. Hoping investor confidence alone will do it, they're going to bet the farm on a series of moves that are questionable at best. The more details that emerge, the more outrageous the plan seems. I'm happy to pay taxes that pay for universal healthcare or Social Security for elder Americans. Why my taxes will instead be used to bail out companies who weren't properly regulated and auto companies whose executives deny the existence of global warming is unclear. This is a screw up of the highest order. And it's only getting worse.
On the other side of the country, polling on the proposition that would reverse the right for gays to marry in Cali has been positive for the side that doesn't tell others how to live. So conservatives, primarily the Mormon church, are sending in money by the boatload to support the measure. With so few weeks left until the election, this is a crucial campaign issue to watch.
Sent from my Verizon Wireless BlackBerry
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