Isn’t it ludicrous to watch these self important scoundrels primp like demented peacocks trying to convince us they are being prudent and diligent?
They oppose loans of $25 billion or so to the Big 3 after practically Coronating Paulson and Bernanke throwing open the doors of the treasury to Wall Street raiders without taking 5 minutes to question if Paulson was lying to them.
Various accounts put the real number handed over to financiers at $4 to $8 trillion so far and the money is still pouring out. No one really knows how much is gone because Paulson and Bernanke won’t tell anyone.
Now that Congress know Paulson was lying through his teeth and made fools of them for all the world to see they want to recover by looking tough in front of the TV cameras by belttling American auto company CEO’s and holding back on $25 billion.
The only difference on this issue between Republicans and Democrats is that the Democrats are pushing an agenda and the Republicans are just playing the fool and going along for the ride.
THAT, my friend, is the truest statement written in the internet in a looong time.
>>Isn’t it ludicrous to watch these self important scoundrels primp like demented peacocks trying to convince us they are being prudent and diligent?<<
If you mean Shelby, Sessions, DeMint, and Vitter, you have not been paying attention. Here are the NAY votes on HR1424, the “Taxpayer Asset Removal Program.”
NAYs -—25
Allard (R-CO)
Barrasso (R-WY)
Brownback (R-KS)
Bunning (R-KY)
Cantwell (D-WA)
Cochran (R-MS)
Crapo (R-ID)
DeMint (R-SC)
Dole (R-NC)
Dorgan (D-ND)
Enzi (R-WY)
Feingold (D-WI)
Inhofe (R-OK)
Johnson (D-SD)
Landrieu (D-LA)
Nelson (D-FL)
Roberts (R-KS)
Sanders (I-VT)
Sessions (R-AL)
Shelby (R-AL)
Stabenow (D-MI)
Tester (D-MT)
Vitter (R-LA)
Wicker (R-MS)
Wyden (D-OR)
And even in the case of senators like McConnell, who voted for it, I think it’s a good sign that they are finally showing some backbone. IMO one problem with the $25B is that Detroit has failed to show that it will not continue to lose a lot of money. It’s not just $25B. It’s one more step along the path of “You gave them money, so give me money too,” and it will never end unless somebody starts saying NO. And that’s going to be a lot harder to do after the Dems take total control next month.