So, the Senate approved the “Splurge” last night… 74 to 25. Now it’s the House’s turn… what will they do? I suspect they’ll turn tail and pass it. Sad.
Look, I am a middle class guy, living in a middle class suburb, working a middle class job. I *understand* the nature of the “crisis”. I understand the importance of credit markets. I understand something must be done. But I also understand this is an ill-conceived, rushed solution and that there are other alternatives that should be considered and offer a better solution to the American people.
I can hardly believe it, but Sen. Shelby said it best:
“Many around here are finding comfort in the notion that ‘something is better than nothing.’ I believe that is a false choice. The choice we faced was between pursuing an informed response or panic. … Unfortunately, we chose panic.”
All of our elected officials seem to be running around like Chicken Little, crying about the falling sky. We don’t need “bailout” plans with little to know accountability which need $150 Billion of additional pork in order to “entice” Representatives to vote for it. We need our elected representatives to sit down, gather expert opinions and formulate a rational response. I know, I’m a dreamer. Instead, we get a bad piece of legislation, so bad that one house of our Congress essentially has to bribe the other into supporting it.
Disgusting.
Fools Rush In…
October 2, 2008 by
Weren’t you on Bill Maher last night?
Congrats. You were awesome.