By Rob Kall
They're spending over a trillion dollars to rescue doddering, failed companies that deserve to die. How dare they-- the congress-- allow the Fed and the Whitehouse to spend so much without oversight.
In times like we are experiencing tough, visionary leadership is needed and we're not seeing it.
The Whitehouse, with the help and support of the deservedly most unpopular congress in recent history, is planning a huge rescue for the finance industry. Reuters already estimates that rescue has exceeded a trillion dollars in cost.
How dare they? How dare they give corporate welfare on such an obscene scale without a whimper of question or challenge from legislatrs on either side of the aisle, while a fraction of that budget could be used to provide health care to every American. How dare they throw good money after bad when a trillion dollar investment could subsidize hybrid cars for a hundred million people and just about eliminate our dependence on foreign oil.
How dare they, when a trillion dollars-- and they're not finished yet-- could be invested at $5 million a company, in 200,000 energy saver start up companies.
And instead, they save a handful of rotting, dying institutions run by failures.
How dare they double the ante on the loan to the automobile manufacturers, to $50 billion without DEMANDING-- yes absolutely requiring-- that they up the mileage dramatically, beyong the pathetic goals currently set within the existing cafe standards (Up to 35 MPG by 2020.) Are they idiots? If a vendor comes to me and asks me for double the size of the loan or payment, I ask what more am I getting in return?
Harry Reid, Chuck Schumer, Nancy Pelosi, Stenny Hoyer, Charlie Rangel... do your goddamned jobs and stop this crazy, stupid, panic-stricken rescue mentality that is wrong, wrong, wrong.
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OpEdNews:
http://www.opednews.com/articles/How-Dare-They-Spend-Trilli-by-Rob-Kall-080919-493.html