Posted on 12/14/2008 3:59:01 PM PST by rabscuttle385
WASHINGTON – U.S. Sen. Jim Inhofe said Friday a White House suggestion that part of the $700 billion Wall Street bailout now will go to automakers means Washington might be "completely out of control."
"I've been a U.S. senator for some time, and I have never seen anything like this," the Oklahoma Republican said.
. . . . .
"As the Bush administration changes course once again, it is becoming clear to me that Washington, D.C. might be completely out of control," he said.
"How have we come to a point that Congress—the institution that represents the will of the American people—has handed over so much money and authority to the Treasury secretary that, if the democratic process fails to achieve a certain desired outcome, the outcome is simply ignored?"
(Excerpt) Read more at tulsaworld.com ...
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"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." —Thomas Jefferson (source) |
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Sometimes I feel like moving to Oklahoma. But it gets really cold there in the winter.
The socialist Republicrat party has taken over.
I won’t go that far (impeachment).
I will say that Jimmy Carter looks better every day.
Bailing Out the Amican Dream
The “American Dream” eludes fulfillment through homeownership, retiring at 55 or exercising health care rights, but is defined as follows:
“We, the People of the United States, in order to form a more perfect Union, establish Justice, ensure domestic Tranquility, provide for the common Defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our posterity, do ordain and establish this CONSTITUTION for the United States of America.”
Justice, tranquility, defense, and blessings of liberty are government mandates. Material prosperity is up to individual initiatives. Government’s job is promoting environments where they can happen. Otherwise government largesse requires trading personal freedom to bureaucrats and politicians, who then grant apparent security.
Marcus Tullius Cicero said, “A bureaucrat is the most despicable of men, though he is needed as vultures are needed, but one hardly admires vultures whom bureaucrats so strangely resemble. I have yet to meet a bureaucrat who was not petty, dull, almost witless, crafty or stupid, an oppressor or a thief, a holder of little authority in which he delights, as a boy delights in possessing a vicious dog. Who can trust such creatures?”
The same applies to most 535 patricians elected to Congress, when nearly all were decayed and wretched. One patrician even became president, though infected by gifts and influence from those precipitating the mortgage crisis.
The same applies to those who advocated their return to office without ever considering the Faustian like bargain they duped the electorate into making.
Then you've been one of those $1,500 dollar black suited dipshit geniouses who have put my grandchildren in dept over ten trillion dollars. Congratulations A-hole.
60 minutes doing a segment on the next wave of problems..some other kind of ARM mortgage.
Excuse me, but didn’t the Democrat Party make a point of ramming through the bill that gave all this money to the Treas Sec, over the opposition of the Republicans?
I read here on FR that the commercial balloon mortgage loans are upcoming within 2 years, as are the ID10t mortgages of 2005-06 that let people ‘say’ what they could afford to pay.
Mortgages by the honor system.
Grab me a mattress tag and call me stupid for being honest.
“ramming through”
Didn’t you mean Rahming?
Then again, I love tiny little Macedonian ships.
“We keep you alive to serve this ship. Row well and live.”
Inhofe has an ACU rating of 100 last time their rankings came out.
John Barrasso (R-WY)
Tom Coburn (R-OK)
Jim DeMint (R-SC)
James Inhofe (R-OK)
Jon Kyl (R-AZ)
They are to the Right what Kennedy, Durbin, Dodd and Leahy are to the Left
What on earth is Bush thinking - I’m so disapointed in him
Bush seems to be deteriorating before our eyes. What a quitter! He should be wielding power until January 20th, 2009.
Inhofe: Washington "out of control" on (Auto) bailout
Tulsa World ^ | December 12, 2008 | Jim Myers
Posted on Sunday, December 14, 2008 1:45:22 AM by flattorney
FlAttorney’s FR “Straight Talk” U.S. Senator James Mountain “Jim” Inhofe
MAR
Sadly... I’ll second that emotion!!! As long as we can Recall Arnoiled Schwartzenfrauder, too!!!
I do believe you have just (unintentionally, I'd bet) written the premier example of a "Left Handed Compliment".
Layman is right, though, they are all guilty as sin. Many of Inhofe’s campaign ads were about all the wonderful pork he has brought home to OK.
Conservative politicians talk a good game, but they make sure their state gets as much out of the taxpayers as possible, just like all the others.
I’m sorry to say, that is how they get re-elected. The American people are to blame. We let them all get away with it.
FHA can't be far behind.
I have first hand knowledge. I sold a house to some guy who put around $1,500 into a purchase of a house costing $128,000. He had to go to credit counseling before obtaining the loan and his wife couldn't sign on the mortgage because of bad credit history.
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