As Senate negotiations on the auto industry bailout stall, at least two senators are starting to sound a little desperate.
On Thursday, Harry Reid predicted financial doom. “I dread looking at Wall Street tomorrow,” Reid said. “It’s not going to be a pleasant sight.” Someone tell Reid it’s okay to look now. The Dow closed at 8,629.68 (up 64.59) on Friday, and no one was jumping out of buildings.
Yesterday, a pathetic Barbara Boxer put a bizarre holiday twist on the bailout debate. On the senate floor, clad in festive red, Boxer implored her colleagues: “This is the Christmas Season. My goodness, let’s take a chance on this. Let’s take a chance on this.”
Honorable Senators, please try to be sober. There’s no reason to panic. The unions know you’re trying very hard, and you’re going to get your foolish bailout sooner or later.