Wednesday, September 24, 2008

Politicians on the Bailouts

HuckPAC has posted an article by Mike Huckabee about the bailouts. I thought you all might find it interesting. Here are a couple of paragraphs from it.

The idea of a government bailout in which we’d entrust $700 billion to one man without Congressional oversight or accountability is absurd. My party or not, that is insanity and I believe unconstitutional.

Will there be far-reaching consequences without some intervention? Probably, but we honestly don’t know since we’ve really never seen this level of greed and stupidity all rolled into one massive move. But may I suggest that letting “Uncle Sugar” step in and bail out the billionaires who made the mess will be far worse and will start a long line of companies and individuals who will demand the same of the government---which last time I checked means that they will be demanding it out of YOU and ME. This is not money that Congress is risking from THEIR pockets or future, but ours. Many if not most of us have already experienced lost value on our homes, retirement accounts, and pensions. Now they’d like for us to assume some further risks so they won’t have to.

I like Mike Huckabee. There are a lot more good parts to his article, but you will have to zoom over there and read it yourself.

As far as John McCain goes. . .
According to Yahoo News, he wants to his campaign in order to zoom back to DC and "work for a bipartisan solution". McCain also said that he would stop all advertising, fundraising, and campaign events.

So is McCain sacrificing politics for the good of the country, or is he just being a smooth politician?

For more opinions on McCain's move to ditch his campaign, go to Kevin Tracy.

OneMom also has an interesting post about Ron Paul's opinion on the bailouts. And as an aside, Ron Paul recently endorsed Constitution Party candidate Chuck Baldwin for President.

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