Reply To: CALL YOUR SENATOR TODAY!!

#175269
Claudia Chalfa
Participant

The former CEO of General Electric was on CNN today saying that what we really need to be paying attention to is the TARP situation and how we handle the bank bailouts. His view is that the only way to fix this is to get the banks to start lending again, immediately. As he put it, this is a patient in ICU and the blood that we need to get flowing again is CREDIT.

Also, realize that the amount of money estimated to have been spent by the time we finish the war in Iraq will be $3 trillion. Just to put things in perspective with regards to this economic stimulus…at least it isn’t going to kill anyone.

By the way, David, the link you sent me was to a quote by Mitt Romney, a hard-line republican who is saying…the same thing all hard-line GOPers are saying. I wouldn’t exactly call his viewpoint balanced or moderate.

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