Posts Tagged ‘bailout’

Flipping Positions On The Bailout

Monday, September 29th, 2008

People are changing their minds. Read about it here.

Also here is the best summary of how the mess started and why exactly the bailout federal intervention is necessary.

Opposing The Bailout?

Saturday, September 27th, 2008

[UPDATE: Please read through the links in this post. A half-understanding of the problem is no understanding at all.]

I haven’t taken a position because I couldn’t understand fully what is happening. Thus no desperate calls for you to contact your congressman or senator.

Now I am beginning to understand and now I see why everyone is in such a hurry to see some sort of bailout coming from Washington.

There is talk, such as on Lou Dobbs tonight, comparing the political aspect of this crisis to the battle against comprehensive immigration reform, in which the majority of Democrats allied with the Bush administration to push something through, while some feisty Republicans on the Hill, bolstered by a flood of support from American citizens, stopped the locomotive in its tracks. We the people stopped a wrongheaded plan that would have changed our country irrevocably for the worse.

I don’t think that battle is quite the right analogy for what faces us now. A better analogy for what faces us now is more like: We the people are out on the ice in the middle of a lake, and the ice is cracking, and we are about to fall in and die – if a bailout is not crafted in Washington this weekend and passed on Monday.

When this guy started speaking up in favor of the bailout a few days ago it got my attention because everything I was reading had me leaning toward the idea this was another big, dumb government screw up. I figured, well Ace can be wrong about things, just like anyone.

Then I read this, and then this, then just now I read this. Holy crap.

We need the frickin’ bailout like yesterday. Voting against it is national suicide.

So, yeah, I am calling out again for action so, like before, we can save our country:

E-mail and phone your congressman’s office and then e-mail and phone your senator’s office, and if you don’t get through call one of their local offices, and tell them to vote for the bailout.

Tell your family and friends about this. E-mail about it. Blog about it.

Yeah, some prominent Democrats were responsible for the fact we are in this mess but that is not the point and it’s no reason to oppose the federal bailout. That would be like if Barney Frank ran you over with his car and you refused to get in the ambulance because Barney Frank was at fault.

Dobbs reported that our legislators are getting bombarded with calls which are majority against the bailout. This is lunacy. This is NOT like the immigration battle. The only similarity is they are both taking place in Washington DC. The correct vote on this one is “Yes.” Lou Dobbs is not right about everything.

This is really, really bad. Don’t futz around, make those calls.