Senate passes BILL

Filed Under (Politics) by Jason Monastra on 02-10-2008

Are you kidding me?  The Senate just after the rejection of the bill that was supposed to be the ultimate bailout, has now surfaced with yet another bill to curb the growing financial crisis of the US.  The core issue with this bill is the same as the last.  The government (and yes that would be your tax dollars) are purchasing bad debt instruments to the tune of 700B dollars.  Does anyone else see an issue with this?

Oh and I love the description of this new plan.  One with SWEETNERS so as to better attract the people that blocked the first one.  If those people are so easily swayed, all of them should be removed and we need to start over with a national election for every post.  Look at some of the sweeteners - tax breaks for solar energy, extended tax breaks for taxes being removed on federal return, and my personal favorite which is relief from the AMT.  I am sitting here flabbergasted by the mere idea that so many people think this is ok.  The Senate just passed this garbage to the tune of 74-25.  And now headed to the house where they hit roadblocks earlier.

The house should veto this thing so fast it should make their head spin.  To simply replace the same language but offer so “bribes” so as to make the bill more attractive for those 10 or 12 people they need with zero conscious.  It is horrible.  Our system has broken down.  Morals have lost their value and our leaders need to be held accountable. 

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