Buffalo Boy's Blog

Unfortunately this whole economic crisis has had too little leadership from Mr. Bush and his administration. Finally, at the 11th hour they put a band aid on the wound. The only thing is the wound is fatal.

Yes they used our money, tax payer money, to bail out billionaires who fucked up a system that they wanted this way.

This whole thing is due to deregulation of Wall Street by the Repukes and a vast majority of that deregulation took place because of John McCain being a champion of deregulation over the last 26 years until the last 72 hours when he flipped all of a sudden.

President Bush gave us a 120 second speech in which he said nothing other than he was going to cover up the real problem with our money.

The problem after all these bailouts is still there. The markets are not regulated by the Feds. Regulations that were put in place during FDR's terms during the Great Depression to prevent these kinds of things from happening.

So, our government will be buying these foreclosed homes with our tax payer dollars with no guarantee of getting that money back. Its a risky proposition at best with no real solution.

All these people are on now saying how McCain has this grand plan and how he wants regulation, well yeah in the last 48 hours he totally changed his position. He and his Washington buddies got us into this.

Barack Obama is being criticized for one sound byte that said that he wanted to wait and see how things played out. He said much more than that and this is more of what he had to say. Check his website for more details.

ANYONE who thinks that he doesn't have a plan at this stage of the game or expects us to think that is sorely mistaken. Both candidates have a plan for the economy. Obama's has been consistent and he has been chiming in on this stuff since he started running.