So it turns out that tonight, the SENATE is voting for a bail out... To be honest, I'm incredibly ticked off at how vague the reports are on this particular bill. I'm sure that's on purpose and I'm positive they're pushing this through so fast so it catches everyone off guard, but as far as I can tell, the Senate is going to vote to revive the bill that failed by adding a new clause in order to get more of those "stupid Republicans" on board. (Even though the only reason it didn't pass was because the Democrats weren't as united as they claim.)

It looks like the new clause is a bit that will increase the Federal Deposit Insurance Corporation (FDIC) insured amount from $100,000 to $250,000. So everyone's accounts will be insured for over twice the amount... It reeks of "plan didn't work? THROW MORE MONEY AT IT!" Personally, the way I see it, the problem we have is that there's simply not enough money to cover everything... So why would raising the insurance cap help the economy? If the bank fails because there's not enough money, where is the government going to get the money? It's dumb... It sounds like this is the only change to the bail out that failed on Monday.

One thing I don't get, though, because, sadly, I'm not real up on the inner workings of Congress, is if this is a vote to revive the bill to send it BACK to the House of Representatives, or if they're somehow bypassing the House completely and voting to support this bill and send it to the President's desk. These moron Congressmen (and women) are working overtime to get this thing passed IN SPITE OF the vast majority of voters... You know, the people the government is supposed to be controlled by? By the People, for the People? It's as simple as this: Anyone who votes for this is ignoring the voters' wishes and that, to be frank, is the definition of a tyrant. They think they know best and go off and do all kinds of things that nobody who will actually be affected WANTS to have happen. Come on... Just drop it. The first bill died in a great firey ball, don't waste everyone's time and money to bring it back! It looks like nothing was changed but throwing more money at the problem! How is that supposed to get everyone on board who was against it because it was too insane? What a bunch of sore losers... They didn't get their socialist mammoth government package and they're all crying that the Republicans aren't playing fair, so they're doing it over again. Bah! What a bunch of babies... The Senate is where Indiana has their stupid officials: Senator Bayh and Senator Lugar. Bayh is very much a Democrat and never listens to us... Lugar is a Republican and has recently been labeled the sixth most liberal Republican and never listens to us. The bill is pretty much guaranteed two votes for it just with these two morons. Not impressed... At all. In fact, I'm really upset. This Congress has been absolutely ridiculous!

Plus, Rush Limbaugh's site has a link to the Senate bill... 451 pages, what the heck?! The previous House bill was only around 100 pages, and it was originally 3 pages. This, friends, is what we all mean by "government bloat". The sole reason these things are so huge is because they're cramming in earmarks and extra enticements designed to get people to go "ooh! MONEY FOR SOMETHING I AGREE WITH! I better vote for the rat poison so I can get my stuff!" Isn't this what Congress said they shouldn't do with such an important bill? Isn't this what McCain keeps saying he's against? That's not a political point I'm making, it's a genuine question, because McCain (who can now vote on it, since it's in the Senate) has repeatedly said he'd support the bill. Come on, McCain... Don't buy into the Bush and Democrat drivel that we need to do this or it'll all go to heck! You're the one who speaks against massive spending and this is the classic case...

The problem is that there's not enough money in the country right now, correct? Banks were forced by the Fair Housing crap the Clinton campaign pushed out to give loans to people who clearly couldn't pay them back... Essentially, so many people got free money. What I call "empty money". Money that doesn't exist and REQUIRES to be paid back in full or the bank is in serious trouble. So when many, many banks give out free money many, many times? It all boils down to this: There's not enough money now and everyone's afraid the stock market is going to crash. IT NEEDS TO! All this empty money is unnaturally lifting up the economy and it needs to be taken out... When it's taken out, the market is going to fall and be a REAL market where people actually have the money to back up the shares they own. And the Congressional solution is to pump more empty money into the system to keep everyone breaking even for just a little bit longer... It's like topping off the bath tub with the drain open! The drain is the failing loan industry that needs to purge itself of poor business practices so it can stablize with the banks that were smart enough to stay out of this mess.

Which is why I'm honestly not expecting a full-fledged depression. A recession, sure... Everyone keeps saying a recession is such a horrible, horrible thing. No, a recession is a natural cycle of free market. It's the cycle that allows people to get in the market and invest! Then the stocks go up over the course of several years and then everyone sells... The market falls down and lets people jump on board and it goes up again. I'm no economist, but even I know that the stock market goes up and down on a regular, predictable basis. The Great Depression was caused by the government getting involved and tried to force banks and businesses to keep functioning as if the stock market was still growing when it wasn't... Businesses and banks failed and inflation sky-rocketed and THAT'S what caused the depression. The government needs to get the heck out of the free market system and let it be free! We will be far, far better off! I seriously doubt a depression will occur today because, unlike the 30s, we do still have some huge banks that aren't in trouble! Just look at JPMorgan Chase buying out Washington Mutual. There are banks who will be able to step in and take over the failing banks and actually provide the finances to absorb the problems and stabilize things. I know some people don't like huge businesses, but that IS the reward for being successful in a free market! Do the right things at the right times and get profit and grow!

Anyway... Senate is voting on the old bail out bill with nothing changed but FDIC insurance increase. Just leave it alone already. It's like someone playing Quake who wants to change maps and calls a vote, and it fails 30 to 5, so he calls the vote again and again and again until people get fed up and either leave or vote yes just so he'll stop. From my perspective, the House killed this bill... It's pretty low that the Senate try it again.