The Democratic-controlled Congress, acknowledging that it isn't equipped to lead the way to a solution for the financial crisis and can't agree on a path to follow, is likely to just get out of the way.
Lawmakers say they are unlikely to take action before, or to delay, their planned adjournments -- Sept. 26 for the House of Representatives, a week later for the Senate. While they haven't ruled out returning after the Nov. 4 elections, they would rather wait until next year unless Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke, who are leading efforts to contain the crisis, call for help.
One reason, Senate Majority Leader Harry Reid said yesterday, is that ``no one knows what to do'' at the moment.
Larwyn’s Linx: Only One Tool
-
*Send us news tips! Sponsored by My Private Journal*
Bug-Zapper Indoor Outdoor - Blue Tech
Nation
• Only One Tool Chris Bray
• Biden Murdered the Credi...
5 hours ago
No comments:
Post a Comment
Please keep it clean. Comments do not reflect the opinion of this blog and are the sole opinion of the commenter. We reserve the right to delete any comment for any reason. Of course, opposing views are welcomed.
Auto-flagged and monitored IP addresses:
Teksavvy - IP 76.10.141, Onterio, Canada.
Charter Communications - IP 68.188.68. Ballwin, Missouri