Thursday, September 18, 2008

Now They Tell Us....

The Democratic-controlled Congress, acknowledging that it isn't equipped to lead the way to a solution for the financial crisis and can't agree on a path to follow, is likely to just get out of the way.

Lawmakers say they are unlikely to take action before, or to delay, their planned adjournments -- Sept. 26 for the House of Representatives, a week later for the Senate.

Who has oversight of Freddie Mac & Fannie Mae?
Congress.
Who failed to apply existing regualtions to the situation got us here?
Congress.
Who is leaving town and doing nothing?
Congress.

So what's next?

Senate Majority Leader Harry Reid said yesterday, is that ``no one knows what to do'' at the moment.

Thanks for nothing, Dumbass.

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