Monday, September 29, 2008

House GOP: Michael Moore's best friends!

It's an amazing irony, to see the biggest leftist loony in the country sitting happy about something conservative congressmen can take credit for: killing the $700 billion bailout plan. His reasons for opposing are naturally a bit more lunatic. His ideas are embodied in this statement from his web site:
Let me state this simply: If we had had universal health coverage, this mortgage "crisis" may never have happened.
It's almost amusing to know someone thinks more entitlements will help the situation. But he actually sounds conservative (if he weren't so intent on class mongering) in his final paragraph:
When you screw up in life, there is hell to pay. Each and every one of you reading this knows that basic lesson and has paid the consequences of your actions at some point. In this great democracy, we cannot let there be one set of rules for the vast majority of hard-working citizens, and another set of rules for the elite, who, when they screw up, are handed one more gift on a silver platter. No more! Not again!
Wow! Sounds like Rush Limbaugh!

Ultimately, the best argument for killing the bill are found in this statement by Rep. Mike Pence of Indiana which he put out before the vote:
“Economic freedom means the freedom to succeed and the freedom to fail.

“The decision to give the federal government the ability to nationalize almost every bad mortgage in America interrupts this basic truth of our free market economy.

“It must be said, Republicans in this Congress improved this bill, but it remains the largest corporate bailout in American history, forever changes the relationship between government and the financial sector, and passes the cost along to the American people. I cannot support it.

“There are no easy answers, but the American people deserve to know there are alternatives to massive federal spending."
Read the whole piece for the real explanation for the bill's failure. Note a link on his website with the proposal from the Republican Study Committee, considered the conservative core of the GOP caucus.

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