04 October, 2008

Can Congress Sink Any Lower

the Reason we are in this mess in the first place:



Here is the link for the entire 7 hour and 35 minute recording of the hearing:

http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&products_id=183818-1&showVid=true

or you can watch the embed now:



Now we are going to pay for supposedly cleaning up the mess of those most directly responsible for this complete mismanagement of Fannie mae and freddie mac.
The approval rating of Congress has to be really taking a hit right now. With passing this 700 billion dollar bailout for the loan markets, has really pissed me off to no end as an United States Citizen. I thought that most of representatives have pulled their heads out of their asses when they voted the first bailout plan down. But with the Senate addition of some sugar and pork this plan was pushed through a second time. So with a little lubricant and some pressure from the senate, most the representatives in the House were able to push their heads back up their asses.

THis is the senate version of the House Bailout Bill:
http://money.cnn.com/2008/10/01/news/pdf/index.htm

After looking at the revised bill, I cannot honestly believe that these moronic politicians were actually that fucking stupid as to pass this monstrosity on their constituents, especially the two presidential candidates that are running for office. It would have been better to let the economy tank. This would have been a recession if they would have left it alone, now it looks like it is going to be a prolonged and devastating blow to our economy. Especially when they print more worthless money to back up this plan. There is no change at all with the bill as it was proposed by the house, there was only three pages to start, when the senate finished negotiating this bill became 451 pages long, in order to pass this bill the Senate added Pork.

This crap HAS TO STOP. It is time to hold ALL INVOLVED WITH THIS FIASCO TO ACCOUNT. This act of democratic socialism cannot be allowed to go unrecognized or to be tolerated by the citizens of this nation. I say it time for We the people, to give these career politicians a pink slip, and hire new help that will DO THEIR JOB as the people require them to do. I for one I am not taking a bite of this giant shit sandwhich that was served to the people by this congress.

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