Turning on the news this morning, it looks like there is a deal afoot on the great bailout to cure the financial sector’s Fail Whale. But it also appears some Republicans are not happy with the terms. I’m listening to Scott Jarret of New Jersey on the tube say he won’t vote for the deal. High stakes all around,and I can’t say I understand the ins and outs because they aren’t clear yet, but what I’m hearing and reading make it appear (stress appear) that there might be some guarantees for taxpayers who are now going to become investors in this entire mess. Again, it is early, so who knows. The politics of this are equally murky as everyone is looking to score. I doubt this is over, but we’ll have to see.
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