Warning, this post is a slight rant, a tad bit unorganized, and has nothing to do with what I normally write about. But I can’t keep quiet any longer.
Today is just one of those days that I imagine everyone is listening to the radio, watching the news, etc. I’m a registered Republican (okay, everyone gasp), however that does not mean I will be voting straight down the ticket on names that have the magic “R” beside it. I prefer to think things through, realize the assets of both parties, research the candidates, and vote accordingly.
I’ll be really honest on my position on all of this. It stinks! Why, WHY should our government be bailing out failed business practices that in some cases were forced on the businesses by our congress? How did it get this out of control…so out of control that some are talking that we are facing serious inflation and possible depression era situation?
If it were such an “emergency” situation, why are we waiting so long to bring it to vote? Why didn’t we take care of this last Monday? Something smells very fishy about all of this, I’m sorry but it just isn’t adding up. It started back (as far as I can trace it) in 2004 when concerns about Freddie Mac were brought up…so much for dealing about that.
The way I understand this plan, the individual suffers greatly. The obvious would be the shear amount of money (tax-payer money, of course) that is involved in this bill. Not to mention, it would give the government so many more doors into “private” finance, undermines the capitalism our country has built it’s found on, and will alter the way the financial markets work forever. Do we need our government involved in our finances? I think not…seeing as it policies requiring banks to give loans without proof of identity, without a down-payment, etc are what has contributed to the situation.
Our constitution preamble states “promote the general welfare” not guarantee it! Why is it that our government is currently trying to guarantee that welfare and how can they? I tell you I am just infuriated at all of this.
I have two messages to send to our government:
First, let’s face it, our country is in debt, big-time debt. Why are we looking to increase that debt? Before setting aside $700 billion, would someone PLEASE spell this out for the good American people:
- Why is this bill NECESSARY?
- What happens for sure if it passes?
- What could happen if it passes?
- What happens for sure if it doesn’t pass?
- What could happen if it doesn’t pass?
- How will it affect our 401K’s?
- How will it affect our local banks?
- How will it affect our mortgage, savings, and jobs?
And to me, the most important question:
- What is being done to eliminate policy that encourages financial practices like this?
This is most important to me as I do not want to pass this problem to my children and grandchildren.
Second, QUIT PLAYING POLITICS. If there were ever a time to forget about re-elections, presidential elections, and all the high-school-like drama that is involved in keeping you seat on committees and so forth. NOW IS THAT TIME!
While spell-checking this post, the House voted on this bill. Whatever your leanings are on this issue I urge you to contact your reps with your support or dislike of their vote. To find out how your rep voted here is a link: http://clerk.house.gov/evs/2008/roll674.xml#NV
Needless to say, I was very pleased to see that my rep voted against this and I plan on contacting him after this little note to let him know he has this household’s support!
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