Begin forwarded message:
From: Robert Atkinson <rca53@columbia.edu>
Date: September 29, 2008 4:49:22 PM EDT
To: David Farber <dave@farber.net>
Subject: This Is Leadership?
Dave,
Can anyone on IP explain why the “rescue bill” (aka “bailout”) was brought to a vote when it was clear that it would lose? The whole idea was to restore confidence and the circus after the vote did more damage than the vote itself. Does anyone on Capitol Hill understand that markets work on two principles, fear and greed? Watching the alleged “leaders” act like a bunch of kindergarteners only stokes the fear. Anyone for term limits?
Bob
Can anyone on IP explain why the “rescue bill” (aka “bailout”) was brought to a vote when it was clear that it would lose? The whole idea was to restore confidence and the circus after the vote did more damage than the vote itself. Does anyone on Capitol Hill understand that markets work on two principles, fear and greed? Watching the alleged “leaders” act like a bunch of kindergarteners only stokes the fear. Anyone for term limits?
Bob