Thursday, February 05, 2009

The Stimulus package: Today there was a shift towards compromise

Markets have reacted positively to the work of finding a compromise on the Stimulus package, led by two well respected Senators, Sen. Susan Collins (R) of Maine and Sen. Ben. Nelson (D) of Nebraska. As soon as the two of them spoke to CNN, about what they were doing, and Sen. Collins said she believed she could get it done today, the markets reversed and started to go up. The Dow now is sitting at 8,082, up 129 at 11:30am PST. Indeed, this is what all Americans want, a sense of reasonableness from their elected officials. Sen. Collins gets it, but those hard core Republican Senators and Representatives from strongholds around the country from States like Texas, Mississippi, Alabama and Kentucky, would rather feed their own egos, and help create a defeat for this new President, than to truly compromise and work with him. The Democratic far left from strong holds of people the likes of Nancy Pelosi, has its own people also who don't just get it. The world has changed and they are still playing the game of politics like everything is the same. They all need to wake up to the realities of a new day.

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