Tag Archive for 'Emergency Economic Stabilization Act of 2008'

Bailout Fails!

Looks like the majority of the House agreed with me. The financial bailout in its current form is dead.

The usual way to fix this is for Congress to lard up to bill with pork so that more Congresscritters will vote for it. Watch for that approach to be forthcoming. Congress can be bought. It’s just a matter of the price, now.

The bailout uses your money. From your pocket. Do you really want to spend your money? Do you really want the Federal Government to take your money and spend it however they wish? Here are some of the others opposing the financial bailout.

Here is a link to the Financial bailout agreement. It is in PDF form. It is a long and complex document but a very quick scan reveals some issue for the American taxpayer.