Sunday, September 28, 2008

Federal Wall Street Bailout and Welfare Program

Dear Senators,

Why would you (we) do this on a countdown clock? This is no way to make policy, or make a reasonable decision. This is wrong, wrong, wrong. It’s only a recipe for making the problem worse. We can’t “borrow” another $700B if this doesn’t work.

What sane government spends hundreds of billions of dollars on a plan that they fully acknowledge may or may not work?

What type of government makes this insane “investment” while at the same time acknowledging that, even if it does work, it is only a band-aid at best and puts off the problem yet again? Moreover, since when is the US government in the business of gambling?

What aren't we being told? I see it on their faces, they hold their noses while giving news briefings. The house Republicans seem to be the only ones willing to bring any sanity to this process. I have great respect for all the Democrat legislators, so I really need help in understanding thier position and why they are so willing to jump into bed with Bush on this.

On the surface, given the information I have, this is reckless government, and an irresponsible way for our elected officials to conduct business. Doesn't this bill deserve at least a week or two of study and discussion?

I don't understand this crisis at all. I "get" the supposed "crisis"... but who woke up and pulled the "financial crisis" alarm? Two weeks ago, this "crisis" didn't exist. Outside of the recession, it doesn't feel like a crisis, it doesn't look like a crisis, so what gives?

I am calling, writing, and faxing my representatives (and the various committees) daily, urging that they NOT push this through w/o significant discussion and contemplation. I urge everyone to do the same.


Emergency Economic Stabilization Act of 2008

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