Ben Bernanke

September 29, 2008 - 8:02am

Lerew: Bailout deal just political cover for Congress

Seventh Congressional District Republican nominee John Lerew, a financial planner from Aurora, thinks Congress' motivation to quickly bail out ailing financial markets is to reassure voters with investments before quarterly statements are sent out next week.  

Slumping stock values seen on voters' 401K and investment plans when 3rd quarter statements are released Sept. 30 would be "a rude awakening that (members of Congress) are artificially trying to prevent," Lerew said.

"All they're trying to do is buy time," he said.

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