Look at the glee in their eyes as they turn from the people they work for and pat themselves on the back for putting another nail in the coffin of the free market and what has made this country great. A tentative agreement has been reached by the Bush Administration and these Congressional “leaders” this morning and final wording is being hammered out so that on Monday this toxic bill can be brought to a vote. And I’m telling those Republicans who have been making a stand that they need to continue to do so. I myself will be taking names and no one, NOT ONE, who has voted in favor of this bill will be getting my vote!
The agreement will include the full $700 billion bailout. The New York Times reports, “The bill includes pay limits for some executives whose firms seek help, aides said.” For some executives?! Pay limits?! How about firing and no pay for failure? That’s what happens down here on Main Street.
The NY Times continues, “In some cases, the government would receive an equity stake in companies that seek aid, allowing taxpayers to profit should the rescue plan work and the private firms flourish in the months and years ahead.” In some cases?! Which cases don’t they include and does that mean we give them money with no chance of making back that money? And I just love the part that says it allows “taxpayers to profit should” the plan work. The White House did agree to strict oversight, so at least the Treasury Secretary won’t be Tsar. The Democrats had to give up their new bankrupcy rules which would have given judges power to change mortgage terms.
Nancy Pelosi had this to say, ““All of this was done in a way to insulate Main Street and everyday Americans from the crisis on Wall Street. We have to commit it to paper so we can formally agree, but I want to congratulate all of the negotiators for the great work they have done.” Shut up, Nancy! Insulate Main Street?! We’re paying for it you plastic surgery nightmare! Sorry, I’m just a little pissed right now.
The NY Times continued, “Lawmakers, especially in the House, are also eager to adjourn and return home for the fall campaign season.” Yeah, you all rush home now. People, please wake up and turn out all these losers. Write in Mickey Mouse if you have to.
Congressional “leaders” gave the Treasury Secretary an additional option of issuing government insurance for troubled financial institutions that the House Republicans had been pushing for as an extra protection for taxpayers so less of our money would be used. This insurance program would be created by the Treasury. This is only an option, keep in mind, and Henry Paulson has already said that he is not interested in it and so it will not be used. So basically the House Republicans were given one thing and it will not stick. They better not vote in favor of this! I don’t have much hope there though because Roy Blunt, the chief negotiator for the House Republicans said, “We need to look and see where we are on paper tomorrow. We have been talking about how we can make these things work in a way that our conference can come together.”
Now look at the above picture again and read what Barney Frank had to say, “This was never going to be a bill that was going to make people happy. No solution to a problem can be more elegant than the problem itself. We are dealing with a very difficult problem.” Yeah, they all look pretty unhappy to me.
This bailout plan is supported by almost no Americans. It hurts both the liberals’ side as it punishes the poor to pay off Wall Street Fatcats and it hurts the conservatives’ who believe in the free market and fight socialism all the way. Most of these politicians are lying to us, including President Bush. Now is the time we stand up for this country and tell them, “No you don’t.” Obviously, they haven’t listened to our calls to our Representatives and so now we must tell them in the voting booth. It’s either that or we go the way of Glenn Beck and get out our pitchforks. I’m all for that too.