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And STOP Calling It a "Bailout" -- !
Congressional Democrats have completely conceded the naming game for this bill.
It is NOT a "bailout" any more.
It IS a Credit Stabilization bill.
A huge part of the problem here is the names by which we call these things.
Words have power. Americans need their representatives to vote to stabilize the credit markets. Otherwise, the next call they will get is from their 401(k) accounts, calling them from beyond the grave.
(I am not an economist, but I play one on TV)
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Comments (3)
More commentary on the subject here:
Time to speak up even louder--do not celebrate yet by sirota:
http://www.huffingtonpost.com/david-sirota/house-bailout-vote-the-up_b_130290.html
top five reasons to vote against bailout by sirota:
http://www.ourfuture.org/blog-entry/2008093928/top-5-reasons-vote-against-paulsons-700-billion-bailout
ten reasons to not bailout by greenwald:
http://www.salon.com/opinion/greenwald/
Idea for dems to turn it around by borosage:
http://www.huffingtonpost.com/robert-l-borosage/after-the-revolt-against_b_1303
September 29, 2008 10:36 PM | Reply | Permalink
I agree with you that words have power. Donal pointed this out nicely earlier today:
http://tpmcafe.talkingpointsmemo.com/talk/2008/09/and-for-other-purposes.php
You'll note that official name of this bill.
September 29, 2008 11:21 PM | Reply | Permalink
The official name of the bill is exactly WHY I'm so perplexed about why party leaders and surrogates keep referring to it in their television and radio interviews as "The Bailout."
Which do most people pay attention -- the official bill name and number, or the shorthand leaders use to refer to it?
Egad...
September 30, 2008 12:15 AM | Reply | Permalink
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