Woody's Things

Ramblings and Opinons of an old man!

Simple site to log thoughts on current events and activity. Please feel free to give your comments.

Well there goes "free market"

Bush Team, Congress Haggle Over $700B Bailout
WASHINGTON — Strapped homeowners could get government help renegotiating their mortgages as part of the $700 billion financial bailout legislation taking shape in Congress.
Lawmakers on both extremes of the political spectrum assailed the plan as a massive, poorly conceived bailout. Conservative House Republicans and liberal House Democrats both huddled privately Monday to express their concerns, and they were drafting their own legislative alternatives.

"Poorly conceived", I'd say taking a large portion of a "free market" and putting it under government control is "poorly conceived"...maybe more like idiotic!