Democrats’ Congress Spoiled Bailout Bill

The Housing Trust Fund was signed into law by President Bush this summer. It is intended to provide all sorts of services.

Besides Shelby and House GOP is rejecting the entire concept of the Paulson plan, not details.

A challenge to the Dims:

You’ve got the majority in both the House and the Senate.

You’ve got the votes needed to get this plan passed.

The President has already said he will sign it.

So, IF this is the right plan and IF this will work, then pass it.

Let’s see if you’re as sold on it as you want the rest of us to be.

Let’s just see.

You said you wanted to end the war in Iraq.

You had the votes for that too.

You just didn’t have the stones.

Let’s see if you have the stones for the bailout.

Dems have been trying to get a ready made slush fund using taxpayer money for YEARS and they have mostly succeeded.

Many of the earlier efforts to reform Fannie Mae and Freddie Mac crashed and burned because Democrats were trying to use them to fund these Democrat campaign organizations.

Imagine what Democrats would do if Republicans inserted language into a bill promising millions to the NRA, Right to Life and GOP 527 groups!

And yet every year Democrats are out to steal taxapayer money and give it to their friends so that they can elect more Democrats to steal more taxpayer money.

Democrats should be ashamed of themselves, but as you see with Fit Fit, Democrats have no shame.

A challenge to the Dims:

You’ve got the majority in both the House and the Senate.

You’ve got the votes needed to get this plan passed.

The President has already said he will sign it.

So, IF this is the right plan and IF this will work, then pass it.

Let’s see if you’re as sold on it as you want the rest of us to be.

Let’s just see.

You said you wanted to end the war in Iraq.

You had the votes for that too.

You just didn’t have the stones.

Let’s see if you have the stones for the bailout.

This just in.

The Dims didn’t have the stones.

The vote failed in the House 205-228.

America won today.

Dear all House Members,

PLEASE HELP
Please don’t bailout these companies by any means!
Please don’t allow the Fed to further bailout others like they have been for the last few months.
Please don’t add other few hundred billion dollars (or even trillions dollars) to our national debt!

We will have to live with a few less companies, banks, etc., even though this will cost jobs and a deep recession. We’ll get through it… were Americans !
It’s very important that you don’t allow our Fed to continue bailing out these institutions, by whatever means or names we call it, including buying non-performing assets or useless notes.

Please don’t try to save us by passing any “bail-out” bills.
Please however increase the amount of FDIC insurance to over $100k and firm up the FDIC insurance system requirements so we can make it through a very serious recession (possibly depression).
I realize this week maybe the last chance WE have to really draw the line in the sand.

My last comment;
You do realize, this is way to little bail-out money and its NOW much to late to act. The bankers will not be convinced to loan to each other until enough of the failing companies have failed or been successfully consumed (by the federal supported institutions) and the dust has settled. Neither your plan nor Mr. Paulson’s actions can change this outcome.

Thank you,
US citizen