$700 Billion Plus Wall Street Bailout…um…NO.
You know, I typically stay on the fence and try to stay as neutral as possible when it comes to political issues and postings on my website. On occasion, an issue that will unfathomable consequences WILL finally entice me to comment.
Well the issue of the century is at hand and I say ” Hell NO!” Why on this green earth am I going to have to pay for the stupidity of others? And then be asked, “oh and by the way, we really have no clue, really really screwed up things but have decided that YOU will have to clean up our mess and um, can you give the money to us in a week?”
Oh yeah, sure thing, we are always in the habit of handing over $700 Billion off of a 3 page financial bailout plan request with a clause in section 8 of said plan stating “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency”.
ARE YOU FRIGGIN’ NUTS?!?!?
The best quote I’ve seen so far on this:
Rep. Jim McDermott, D-Washington, also asked why Congress should trust the administration to administer the bailout plan properly when, in his view, it has lost its credibility with the American people.
“Trust is something that is already bankrupt. The bank of trust in this administration is absolutely bankrupt,” McDermott said. “They have misled, lied, misrepresented, whatever word you want to use, on issue after issue. And now they give us seven days to come back, take out your wallet and give them everything that’s in it.”
I still can’t believe this is happeing.
