The last time the Bush Administration got a blank check, they went and bought some guns to invade Iraq. They didn’t buy good armor and vehicles for the troops, but they did shell out the cash to Blackwater and Haliburton. They invaded a country and lost a terrorist. They did what was in their best interests, instead of what was in the country’s best interest.
Now that Wall St. has crashed, now that the chickens have come home to roost, now that deregulation has literally folded, they want another blank check to “bail it out.” Hell no! To quote Stephen Colbert, “we’re about to give an $85 billion loan to somebody who couldn’t run a business.” And that was pennies for AIG . . . now the Bush administration wants $700 billion? And the only person to determine how and where that money gets spent is Henry Paulson? Sorry, but he is unimpressive on his best day.
From Phil Gramm’s legislative headlock which deregulated much of Wall St., to John McCain’s campaign chair who has been lobbying for deregulation of Fannie Mae and Freddie Mac even while running the Republican campaign for the presidency, the “fundamental deregulators” George Bush and John McCain don’t get any more of my money.
They don’t get the opportunity to put us even further in the hole. The last blank check Congress wrote them is costing us $12 billion a month, not to mention the lives lost and the moral quicksand our country is sinking in. And they’re pushing this bail out so fast because they don’t want any analysis; they don’t want people to stop and think; they want panic and action. John McCain prides himself on not being too cerebral. President Bush looks like thinking hurts him physically. But they like shock value, and they like crises, because then they on’t have to think: they react!
I don’t work that way. And I certainly don’t sign $700 billion dollar checks without pause just because they said we have to. They lied six years ago and said, “we have to go into Iraq because they have weapons of mass destruction.” Congress gave them cart blanche, even while Senator Obama said no.
They don’t get another blank check.
Cross posted at Spreading the Word on September 24, 2008.