September 29, 2008
“Credit Rescue” - Because “Bailout” Sounds Bad
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The House voted on that “credit rescue” bill today, and I was pleased to see that my representative Phil Gingrey represented me well by voting against it. I called his office to offer my appreciation. You should call your representative and thank them for voting it down (assuming they did). Or call and fuss at them if they voted for it. You can get a list of who voted how here.
Maybe it was voted down for the wrong reasons, but still it was voted down. I wonder how many of those “no” votes were because of Pelosi’s remarks before the vote. I also can’t help but think that some of the “no” votes were because they’re looking for a different version of the plan. Maybe some were because they fear being in the unemployment line after the election.
No matter the reason it didn’t pass, it didn’t pass. Kudos to Phil Gingrey and the other 227 House members that voted against that atrocity of a bill.
I found this quote from Ronald Reagan that seemed appropriate for today:
“I have a special reason for wanting to solve this [economic] problem in a lasting way. I was 21 and looking for work in 1932, one of the worst years of the Great Depression. And I can remember one bleak night in the thirties when my father learned on Christmas Eve that he’d lost his job. To be young in my generation was to feel that your future had been mortgaged out from under you, and that’s a tragic mistake we must never allow our leaders to make again.”













3 Comments on “Credit Rescue” - Because “Bailout” Sounds Bad »
September 30, 2008
Zelequies @ 1:15 am:
You know, I found this website when looking over the article on Ron Paul’s website about the failed bailout. Have to say, love your style with this, I’ll have to look around.
Ethan @ 6:28 pm:
If figure that if Congress can print money with nothing to back it up, I can too. That way, I can just bail myself out anytime I get in a jam…is that so wrong?
Ron Davis @ 6:31 pm:
Hey, go for it. This sets a great precedent for that.
(let me know how that works out, btw.)