Wall Street Bailout
September 30th, 2008Wall Street Bailout or Democrat Handout?
Enough is Enough. I am sick and tired of watching all the lies and distortions about who is to blame for what is going on with Wall Street.
It isn’t the fault President Bush or Senator John McCain. They both had enough foresight to warn a America of an impending financial disaster. Unfortunately, it fell on deaf ears or was shouted down by leaders in the Democrat party that were busy padding their pockets while helping their friends get rich and Senator Barack Obama is in it up to his neck while wagging a finger of condemnation and blame at the Bush Administration and Republicans in general.
Now I don’t expect Barack Obama to nationally accept blame for this Wall Street crisis personally or for his party. Honesty and being forthright have never been a priority for Mr. Obama however to blame this Administration and the Republican party is much like an arsonist accusing the Firemen of torching the house.
What is even worse is the fact that Obama is lying about it and the Main Stream Media is swearing to it. “Give Me a Break!” said President Clinton about Obama during the primary and he was right! We have ventured so far from reality and truth that I am not sure that there is enough time before the election to set the record straight.
I have bit my tongue on this subject until it is raw. Now we have “Obama Truth Squads” running amuck in the state of Missouri with Prosecutors and Sheriffs threatening reprisals on Obama detractors. So much for freedom of speech.
Speaker Pelosi and Senate Majority Leader Harry Reid continue to spew their partisan venom any time they are in front of a camera or microphone. The majority of which are half truths or outright lies. An honest Bipartisan effort will be needed to pass this legislation and Pelosi and Reid can’t shut up long enough to get the job done.
Senator John McCain – Stop attempting to be a Statesmen during this campaign. The McCain I know is a warrior, a scrapper and speaks the truth regardless of who it offends. A straight shooter that will stick up for me! Stop playing nice with someone that endangers the financial and physical security of my family. When Sen. Obama lies, call him out on it. Show us some passion Senator! Don’t show up at a gun fight with a pocket knife! We are counting on you!
Senator Barack Obama – Stop looking into the camera and telling me that you are going to reduce taxes for 95% of Americans when 40% of Americans do not pay taxes. I may not have graduated from Harvard but I can do simple math so stop insulting my intelligence. I have researched your paper thin resume and find you sorely lacking. How many days have you actually served on the job as a US Senator? I believe it is less than 150 actual days on the job. That is less than 6 months actual service as a US Senator. The rest of your time has been spent running for the Presidency. Not only do you have very little experience may of the proposed bills that you have cosponsored shows that you are not only naive when it comes to the economy you are dangerous. You are dangerous on the economy, dangerous on your foreign policy views, show no character with your consistent lies and misrepresentations, demonstrate lack of judgment with by your past associations and your radical socialistic views and associations present a “Clear and Present Danger” to our great nation Sir.
Our financial house may be on fire do to the policies of liberal congressmen forcing banks to generate low income and sub-prime loans while protecting Fanny & Freddy from closer scrutiny but increasing taxes on business and capital gains as Sen. Obama proposes will be like nuking Wall Street.
The Republicans have a plan to help Wall Street with a “Work Out” not a “Bail Out”. By suspending Mark to Market accounting and removing capital the gains tax Wall Street will realize instant liquidity and credit will again be accessible. Other responsible proposals like Federal Insurance on bad loans make more sense and reduces exposure for the tax payers.
The rescue Bill needs to be a stand-a-lone piece of legislation. We don’t need to send billions to a partisan political group like Acorn as proposed by the Democrats or keep home owners in homes that they can not afford at my expense. House Republicans need to make sure that the “Wall Street Bailout” does NOT become another billion dollar “Democrat Handout” so they can buy votes with tax payer money.
Do I agree we should bailout Wall Street? No I do not however our financial house is on fire. Let’s do what is needed to put the fire out THEN look for the arsonist. Unfortunately that will be well AFTER the election is over. I hope everyone takes some personal responsibility to research the real cause of this crisis before they vote on November 4th. If they don’t the only “Change” we have may be what is left in our pockets.
Wake Up America!
