Wow, I didn't think anything good could come out of Oklahoma! :)
Luther
Loren Faeth wrote:
to Quote Dr. Tom Cobern, Senator from OK regarding the millionaire
bailout bill : (or Billionaire bailout bill if you prefer)
"This bill does not represent a new and sudden departure from free
market principles as much as it represents an emergency response to
congressional actions that have ignored free market principles, and
our Constitution, for decades. If anyone in Washington should offer
their resignation it should be the members of Congress who peddled the
fantasy of free home ownership without risk. No institution in our
country is more responsible for the myth or borrowing without
consequences than the United States Congress."
"As much as members of Congress want to find scapegoats, the root of
this problem is political greed in Congress. Members of Congress from
both parties wanted short-term political credit for promoting home
ownership even though they were putting our entire economy at risk by
encouraging people to buy homes they couldn't afford. Then, instead of
conducting thorough oversight and correcting obvious problems with
unstable entities like Fannie Mae and Freddie Mac, members of Congress
chose to ignore the problem and distract themselves with unprecedented
amounts of pork-barrel spending."
"Taxpayers who want to ensure that this doesn't happen again should
send a very clear message to Washington that it's time for Congress to
live within its means and restore the principles of limited government
and free markets that made this country great. I will do everything in
my power to ensure that this bill does not lead us down a slippery
slope of European style socialism and slow economic growth. I will
also promise taxpayers that I will do everything in my power to block
what I expect will be hundreds of attempts by politicians in
Washington to continue business-as-usual borrowing and spending in the
next Congress. In a time of crisis, American families have to make
hard choices between budget priorities. So should Congress. If
politicians want to create new programs they should eliminate
duplicative programs or reduce funding for less important programs.
The only way we can put this crisis behind us is for Congress to
rejoin the real world of budget choices and consequences which, as we
have seen in recent days, can be ignored for only so long."
This is one of the most coherent things I have seen coming out of the
general vicinity of the District of Columbia.
Loren Faeth
_______________________________________
http://www.okiebenz.com
For new parts see official list sponsor: http://www.buymbparts.com/
For used parts email [EMAIL PROTECTED]
To Unsubscribe or change delivery options go to:
http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
