The post-bailout agenda

For starters, Congress must admits its mistakes in creating a housing bubble.

For Congress, spending billions to buy up Wall Street's dodgy mortgages may be the easy part. The next act requires lawmakers to respond to public anger and prevent America's economy from falling into another giant credit hole. Where to start? With Congress itself. Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Sep 26, 2008 - 11:32 AM PDT
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Jeanne Roberts
4.0
by Jeanne Roberts - Oct. 1, 2008

I'm fond of the Monitor's even-handed approach to issues. and this article is no exception. What disappoints, however, is the sense that the editors merely compiled a series of statements explaining events surrounding the bailout from a lot of different sources, and then tacked on their own (though very accurate) conclusion; that Congress must express its mea culpa and remedy the situation. If only it were that simple. If only, in the real world, Congress functioned for the benefit of the people. If only ....

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Chris Finnie
3.6
by Chris Finnie - Oct. 1, 2008

As proposals go, this is almost as flimsy as the one now being considered by Congress. While I expect this from government, the Monitor usually does better. Several other publications have made more substantive recommendations. The blame they assign is accurate, if somewhat one-sided. But I'd like to see more of the "agenda" the headline promises.

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Kaizar Campwala
3.3
by Kaizar Campwala - Oct. 1, 2008
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Glenn Altman
3.1
by Glenn Altman - Oct. 1, 2008

The post bailout agenda consists solely of an apology from Congress? If we don't see more than that, the country is headed down a steep, slippery slope of economic ruin.

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