Bailout Proposal Meets Bipartisan Outrage

Turmoil in the markets combined with the Bush Administration's panicked request for $700 Billion -- more than the war in Iraq has cost to date, is having an effect on voter opinion. Our lead story in our "changing every day" news service sheds the spotlight on The Washington Post's 9/24 story "Economic Fears Give Obama Clear Lead Over McCain in Poll."

We recommend additional reading:

• "Bailout Proposal Meets Bipartisan Outrage", by Lori Montgomery, Paul Kane and Neil Irwin, Washington Post
• "Alternative Solutions Diverge From Administration's Approach", by Anthony Faila and David Cho, Washington Post
• "The Words Left Unspoken in the Bailout Debate," by Steve Pearlstein, Washington Post

When you look at "Alternative Solutions ... ", pay close attention to whether home owners are going to get assistance ... or whether the big bucks will only go to the big gambling mortage investment companies, and also ask yourself whether tax papers need to guarantee the golden parachutes of failing company executives. In some cases, those parachutes are worth as much as $2.5 billion ... which seems quite a bit to us ... especially when in the words of Steve Pearlstein, none of these high rollers have let the words "I'm sorry" cross their lips.