Why the bailout has failed and why Congress is responsible

Posted Thursday, October 2, 2008, at 1:58 PM

Last night the Senate passed the bailout plan 74-25, which is more than enough votes to be veto-proof. All three men in the presidential election, the two candidates, Barack Obama and John McCain, and the one Vice-President candidate, Joe Biden all voted for it.

But as I found out more about this bill I became more disgusted and irritated and disappointed that any of them voted for it. There is so much pork barrel in this it's just embarrassing and for either presidential candidate to say they are against pork barrel spending and then vote for this bill might as well shut up from here on out.

The bailout plan was shoddy to begin with but giving taxbreaks in the millions to rum companies, wood arrows for kids manufactureres, and car racing arenas while our economy is slipping further into this recession just smacks of run away politics. Unfortunately neither side can point fingers at the other, this was a non-partisan effort that was supported by both men at the top of the ticket.

Hopefully the House will soundly defeat it but a lot of what the Republicans wanted is now on this bill, so I guess we will have to see.

Congress had the oppurtunity to turn their bad momentum with the people of the United States around but they chose to continue doing what the people can't stand them for doing and now the future is once again unclear. Our future is what we make it, let's hope for all our sakes Congress realizes that one day, on both sides of the aisle.

The Vice-Presidential Debate is on tonight. It should be interesting or could be embarassing for one of the candidates. I will miss most of it as my girlfriend's son, my boy, is marching tonight. I hope to catch some of it in the least.

Comments
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McCain thinks he's losing in the polls because life "is unfair"? Are you kidding me. He wants to be the next president and his response to being down in the polls is that? Wow!

-- Posted by MichaelHendricks on Thu, Oct 2, 2008, at 2:15 PM

I'll agree with you on this one Mike. This bill sucks, and I hope the house has the balls to turn it away!

-- Posted by remington81 on Thu, Oct 2, 2008, at 3:42 PM

Doing nothing would be catastrophic, but passing this bail-out, filled to the brim with P O R K, may well kill this country. Without the support of the people, we are doomed.

I agree with you, this is an absolute disaster in the making.

The only thing worse than the bail out is for everyone to dash to the bank and demand their 'money.' We would quickly be owned by foreign powers. All they have to do is call in the notes they hold.

-- Posted by Navyblue on Thu, Oct 2, 2008, at 6:59 PM

Mike, I finally agree with you on something. It's great to see there's still a liberal that feels that our government just can't print fake money to hand out to whoever they decide needs it enough. I'm working my business as hard or harder than these CEO's that STOLE money from their companies...will I get a check if my company goes south?

The government has made many mistakes...Democrat and Republican mistakes, from handling terrorism, welfare, spending, to the federal reserve for the last 15 years. That's why conservatism is important. If we limit the role of government, we limit the evil effects of greed, power, decit, and corruption. Let the people make this country strong, not one person.

George Bush Jr. didn't ruin this country, neither did Bush Sr. Bill Clinton did not ruin this country, or Jimmy Carter. This country cannot be broken or saved by ONE person. Our Congress and Senate have failed us over the years through power mongering, greed, and corruption. If you think that Barak Obama is going to ride in on white horses and everything will change, you're wrong. If you think congress will finally do something worth while once he's there...you're wrong again.

We haven't seen real conservatism for 20 years and look what our country has become. Financially worthless. I'm ready for Obama to become president so we can find out if you talk enough talk, it might lead to walking the walk.

My prediction is that he'll be an inept president, much like he was a state senator, U.S. senator, and a "community organizer" that I have read so much about. Don't get me wrong, I would like to see the first black president, I like that he's young, passionate, and outgoing. I just don't think he realizes yet, he'll be Nancy Pelosi's "puppet" in the excecutive branch. I had a feeling when he was elected into the senate that the Democrats where going to use this guy's "charisma" to lauch a puppet regime to overtake the white house while riding this guy's "rockstar" popularity. I was right!

I think I'll be right in 4 years, so Mike, please save this comment so we can talk about it down the road. I hope I'm wrong. I hope we are better off, lower fuel prices, no global warming taxes taking food & clothing away from my kids, reduced terror threats, more valuable dollar, better foreign relations without become subservat to readical nations who wish us harm, but we'll see.

I doubt McCain willbe that great of a Pres either. Four years of Obama will give time to find a truely genuine conservative that people like and won't rlate to Bush.

I still can't believe the Democrat's trying to tell us all that McCain will be another four years of Bush. What a crock! It will be four years of McCain, and you can take that however you want, but he certainly is not Bush, good or bad. I base this on the fact that through almost 8 years of Bush in the white house, no Republican has been a bigger pain the rump to Bush than John McCain for crying out loud! I think there were times that the repulicans would like to have thrown him overboard. I think you guys just want a Democrat in the white house so bad you'll really overlook that one.

Bush never really led a charge for conservatism. I would guess that other than your stance on the war on terrorism that everyone but the people in charge of it seem to know everything about(nothing like a like arm-chair commandering), Bush's term didn't go much different than Kerry's would have. Teddy K got his $200 Bil. healthcare package. A lot of money was handed out to people that didn't put up any effort to work or contribute to society. Spending was at an overall high. EPA made more rediculous regulations. Dems won majorities. Domestic oil production and refining is still dwindling.

As you can see, I'm not really happy with the way things are either. So good luck to both candidates on their efforts to try to fool us into thinking they are something other than what they really are. This country can't get much more FUBAR'd by either one of these two clowns anyway.

Stay cool Mike and let's root for some one to get elected president, I bet one of them will win! ;-)

-- Posted by Justin76 on Thu, Oct 2, 2008, at 11:45 PM

Mike,

We agree again that this was one of the worst bills to pass at this time. It was loaded with so much pork, no wonder we keep the deficit growning. Thank you for showing that even though we may not always agree... we can agree on some things.

Justin,

I agree with you too. Unfortunately, if we let Obama win, it will just lead to a more socialist society, and it will start the end of our free republic.

-- Posted by proudconservative on Fri, Oct 3, 2008, at 12:05 AM

Until we gain control of Congress the American people will continue to be shafted at every turn. The answer is term limits and rules restricting bills to contain one issue. This will shine the a light on the congressmen and senators who try to weasel their pet spending into every thing that comes by until they get it to stick. If the spending is s good idea, it should debated on it's merits and passed with an up or down vote. No more hiding behind the "I voted for it because..." song and dance. As Paul Harvey always said, "self government won't work without self control".

-- Posted by jawalker61 on Fri, Oct 3, 2008, at 8:44 AM

I have been able to watch some of the debate over the course of last night and today and I have to be honest I was not impressed with Sarah Palin (just to be sure I have never been impressed with Biden either, however I do think it is awesome that every night that he gets finished in D.C. he takes the train back to Delaware). She just, to me, didn't seem to be taking this seriously. All the winking and a silly little comment for seemingly everything that was asked of her.

Expectations of her going into this debate were probably lower than any other politician in history and in my view she still failed. She proved that she is not ready to serve as President if something were to happen to McCain.

But this was the Vice-Presidential debate and I can't think of one VP debate that actually shaped an election.

The House just passed that bail-out so the debate from last night will already be old news by the time people get home from work tonight.

It passed as I had suspected. Most Democrats voted for it and a small majority of Republicans voted against it. I guess we will just have to wait and see how it turns out but I'm not real optimistic.

-- Posted by MichaelHendricks on Fri, Oct 3, 2008, at 12:56 PM

Mike,

The biggest differnce between Biden and Palin is that Palin was talking to the American People. She is not business as usual as compared to the long winded Biden.

-- Posted by proudconservative on Fri, Oct 3, 2008, at 10:06 PM

Blah blah blah blah blah blah, and the world keeps turning. Remember there all politicians! and it gives us peasants something to argue about and keeps us devided.

-- Posted by Keda46 on Sun, Oct 5, 2008, at 11:42 PM

She was no more talking to the American people than I am a conservative. She had prepared notes and would NOT stray from them even from direct questioning. Biden did the same, they are both career politicians. But to say that Palin represents America is laughable. She says whatever the McCain campaign wants her to say. She is their pitbull.

She gets onto Biden for being for the war before being against it (great that old tired 2004 rhetoric) and yet she has the same issues (being for the bridge to nowhere before she was against it). She says she is fighter of government corruption and yet she is facing the very same kind of corruption in her own little TrooperGate and she and her husband have now said they would ignore a subpoena to testify (which IS against the law).

She's the same old politician in a new suit. Nothing's changed with her. She's the Vice-Presidential nominee and now McCain is having her nastily attack Obama so he can appear to stay above the frey.

Is there any wonder why he is now trailing from anywhere between 7 and 12 points in all national polls?

-- Posted by MichaelHendricks on Mon, Oct 6, 2008, at 7:47 AM