Jay Lake (jaylake) wrote,
Jay Lake

[politics] Just say ‘NO’ to the $700 billion bailout

As A Tiny Revolution says, “Congress obviously can propose a much better plan of its own, but the first thing to do is kill this monstrosity.”

See his resource page here.

Like I said yesterday [ jlake.com | LiveJournal ], it doesn’t matter what your politics are. Do you honestly feel giving this (or any) administration a $700 billion slush fund under conditions which explicitly forbid agency or judicial review is a good idea?

And quite frankly, if we want to give away $700 billion no strings attached to save the economy, why not rewrite or forgive a bunch of those bad mortgages? That would do the United States and its citizens a lot more good than rescuing the careers of a few thousand lobbyists and banking executives. A government giveaway is a government giveaway, let’s at least give it to the people who need it.

Originally published at jlake.com. You can comment here or there.

Tags: politics

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