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How Dare They Spend Trillions on Corporate Welfare, Without...?

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Purveyor Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:39 AM
Original message
How Dare They Spend Trillions on Corporate Welfare, Without...?
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.

MORE...

OpEdNews: http://www.opednews.com/articles/How-Dare-They-Spend-Trilli-by-Rob-Kall-080919-493.html
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 12:04 PM
Response to Original message
1. K&R for expressing my sentiments, and I love the article's closing.
While spending billions on corporate bailouts, how about spending billions on something Americans can really use -- healthcare !!

Give the American people health care. Spend $100 or $200 billion on it, whatever it takes. I dare any Republican who has remained silent as the finance industry has become socialized to complain about health care being socialized. I dare any Democrat (Harry Reid, Nancy Pelosi, Barney Frank,Henry Waxman and any bluedog democrat) to NOT speak out demanding approval of the legislation. There's a bill that's pending-- HB 676 and it could be passed posthaste. Do it, damn it! Enough of this finding money for doddering, senile corporations to protect foreign investors.

Just do it.
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 12:09 PM
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2. Harry Reid, Chuck Schumer, Nancy Pelosi, Stenny Hoyer, Charlie Rangel
are protecting their own millions. They are terrified of having to live like the rest of us. Imagine how painful that would be for the likes of them -- as well as for Kerry. And don't even think about how painful it would be for their Republican counterparts.
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