Nagging Questions About the Bailout

Here’s an interesting bit of information from the New York Times. Democrats who voted for the bailout received appreciably more money form Wall Street than the Democrats who voted against it.

This once again brings to mind that the political division is not between Republicans and Democrats but between politicians serving corporations and those who are unaffiliated in that sense.

I do not understand the situation enough to be for or against the bailout but it is noteworthy that in this time of crisis there is a correlation between votes and campaign contributions.

I’m still struggling with understanding how at-risk home mortgages which total — according to everyone I know of — $112 billion can require $700 billion to remedy and the remedy as far as I can understand has nothing to do with making good on the mortgages that are supposedly the root of the problem.

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