As the economy crumbles and the American people watch their retirement funds go dry, home values plummet, and credit disappear, it’s business as usual for the political machine in Washington.  Partisan biases and political maneuvering have prevented any solutions from receiving enough support to make it into law, thereby preventing any kind of stop-loss that might have occurred with the bailout plan.  Tonight the talks crumbled, and all the progress of the week was lost as leaders from the Executive and Congressional branches failed to reach a consensus in tonight’s talks that were supposed to lead to a conclusion. (here)

Of course, in pursuit of his mantra of changing Washington by not taking part in the standard politics practiced by rank-and-file representatives, Obama declared that “The concern that I have … is that when you start injecting presidential politics into delicate negotiations then you can actually create more problems rather than less,” (here) attempting to take a jab at McCain for taking a break from campaigning to work towards a solution that would benefit all Americans, regardless of their political persuasions.  I had to scratch my head when I read that, because just two days ago Obama declared that he would rather keep campaigning than to be totally devoted to resolving the economic crisis, pointing out that “It’s going to be part of the president’s job to deal with more than one thing at once.” (here)

Hopefully Washington’s politicians can reach a deal tonight, because if they don’t, there is going to be a bloodbath in the markets to close the week.

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