Barr urges House to vote down bailout

October 3, 2008

Bob has a post up over at The Hill urging House members to vote against the now $812 billion pork-packed bailout plan:

The people said no and, for once, the Congress listened. But all of the usual suspects, including both Senators John McCain and Barack Obama, rallied behind the administration’s ill-considered Wall Street bailout and pushed it through the Senate. Now the bailout’s supporters are going back to the House and hope to buy off enough votes to win passage tomorrow.

So ill-considered is this legislation, that no one—not President George W. Bush, not Treasury Secretary Henry Paulson, not Sen. McCain, not Sen. Obama—has been able to even justify the amount of money requested. When asked by Forbes.com to explain the number, a Treasury Department spokeswoman said, “It’s not based on any particular data point. We just wanted to choose a really large number.”

Upon such an arbitrary decision are the American taxpayers to be sacrificed.
[...]
When it comes to protecting the taxpayer, there is no difference between Sen. Barack Obama and Sen. John McCain. In fact, the latter, a self-proclaimed taxpayers’ friend, has gone out of his way to disguise the fact he is voting for a pork-laden Wall Street bailout by calling the plan—which forces millions of average Americans who work for their salaries and pay their mortgages to bail-out a bunch of irresponsible borrowers, lenders, and investors—a “rescue.”

It is the American people who need rescuing from the likes of Sen. McCain.
Members of the House have a responsibility to themselves, as well as the American people, to vote down the latest version of the Wall Street bailout.

It is a bad bill. It is bad for America. And it is an insult to the members themselves to suggest that their support can be so cheaply bought. “Country first,” says John McCain. This time, the country says no to the Wall Street bailout.

Let me tell you now, the pressure is on House members that voted against this bad bill the first time around. A few members have already switched.

If you haven’t already done so, please call your representative and ask them to vote against the bailout.

ShareThis

Barr urges House to vote down bailout