We have been well and truly screwed...and it's going to get much worse.

I watched much of the C-SPAN coverage of the Senate debate on "financial stabilization." Senators Feingold and Sanders made the most cogent statements calling this legislation well-intentioned but deeply flawed.

And deeply flawed it is. This legislation fails to address how we will pay for it, how taxpayers will be protected, and does nothing to prevent similar abuses in the future. This legislation also fails to even mention punishing those responsible...and the executive compensation limitation provision is laughable...simply limiting corporate tax deductions on salaries over $400K.

America! You are screw by Bush & the Corporate Democrats Bailout Bill!

Read careful, Charlie the Tuna is save by the bill and the IRS can run sting operations without warrents with more massive agents to collect the new hidden taxes......$ 17,000 per household was the cost today.......The more I read, the more I realize that the American Consitution is finally gutted.........

http://news.cnet.com/8301-13578_3-10057618-38.html?tag=nl.e433

32 Days: Where's Liddy when the economy tumbles?

DAY 32

While the financial markets tumbled and the frozen credit markets propelled our economy into a “potentially dangerous new phase,” Elizabeth Dole was in Washington introducing superfluous legislation to celebrate Union Station. Not the most appropriate timing considering millions of North Carolinians are unsure what tomorrow will hold in terms of job security, health care and affording basic necessities.

Read the entire post to read more on today's reason on why Elizabeth Dole is wrong for North Carolina and check back for updates over the next 32 days.

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