reply to post by rufusdrak
Dude, As a former journalist and as someone who taught at the nation's top journalism school, I can assure you that there is no such programming.
Many members of the media, especially the Washington and NY elite are so out of touch with the average citizen and reality that they often get it
wrong. The reason the plan failed is because some of the lawmakers are vulnerable and fear they may get defeated in November if they support the
plan.
Also, it is important to note that many of these well-paid journos have portfolios that took a hit and they are obviously upset and support the
bailout, so are the media giants because it affects their bottom line.
In the end, the bailout plan failed because it was not a good one and because too many citizens called their lawmakers to oppose it.
I don't know about conspiracies, but I can tell you that even a blind dog working on wall street saw this coming. While the plan was defeated, the
issue is not over and will resurface in the next 7 days or sooner.
I do not support the plan -- I prefer to help struggling families hurting over mortgage interest payments, than bailing out wall street firms. I also
think that the FDIC should increase its coverage to $500,000 per person and $1million per couple, instead of the meager $100,000 and $250,00 rates. If
we are serious about helping the economy, there is no other way to secure and win over the hearts and mind of the American public
-girl from the 'hood



