Monday, September 22, 2008

Corporate Welfare

The American taxpayer is about to be sucker-punched by the giant bailouts. The Administration and Congressional leaders are crafting a $700 billion windfall for Wall Street that gives new meaning to the words 'corporate welfare.'

So, the people that brought you the current economic disaster are going to hunker down and get to work on the financial tourniquet. While they are at it, will they be doing anything to make sure the next bailout won't be over a $1 trillion?

The resulting bailout legislation will be laden with "special projects." John McCain will vote "no"; Obama will be "present."

I'd rather see John McCain and Barack Obama have to come up with their solutions to the current crisis. Then they can debate their competing versions on national TV.

The voters need to see how our next President will handle the emergencies, and this issue is the perfect opportunity.

No comments: