With Congress demonstrating a lack of brains, a heart and courage in its gross mishandling of the credit crisis, and with President George W. Bush reduced to a powerless humbug, Washington is starting to resemble the characters from “The Wizard Of Oz,” rather than living up to the the hopes and dreams of the Founding Fathers who set up this great republic. It's time for more dramatic action, and insurance lobbyists can help.
Instead of leading this nation in a time of crisis, Congress has behaved like a bunch of frightened children, cowering as the phones ring and the e-mails pour in decrying the “bailout of Wall Street.”
Terrified of being voted out by an angry mob furious over a Wall Street “bailout,” lawmakers caved under the pressure, rather than stand tall and explain to one and all how if nothing is done, we run the risk of seeing credit dry up entirely, sending the entire economy into a death spiral many businesses and individuals may not survive.
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