My Congressman, Pete DeFazio (OR-3)
has introduced a piece of legislation called the "No BAILOUTS Act" which appears to be a first effort on the part of the House Democrats to address the financial sector collapse bar the Paulson/Bernanke Plan voted down in its revised form Monday.
I've got some thoughts on this, but it's late, I need to get home and I'll be drilling up in Longview, WA, all day tomorrow.
So - consider this a place to discuss fiscal governance past, present and future.
Pluto, I'd be interested to hear, in particular, your take on the implications of what you describe as a "rebellion" that overwhelmed the original TARP bill Monday.
I know that you're on the road, but Jim, Lisa? What do you think?
And how about my ALTadoption crew? I know that W is busy with her twins, but Red Sand? YK? Kelli? Beeb? Atomic Mama? My Portland pals - Brent? Janelle? Hell, I can't list everyone, you know who you are - you guys are among the best and the brightest I know. Where do you think we should - or we CAN - go from here?
I'll be back Wednesday night and check in!