I was suprised when congress voted down the bailout Monday. But, the bill is back, and this time it's even worse! I'm pretty much a single issue voter on the matter of the federal debt, and this new package includes 150 billion in tax cuts for businesses and high income households (in the form of raising the alternate minimum tax). The fact that 70+ senators voted for this atrocity is a testament to who they truly serve. Hint: It's not you and me.
The house republicans will instinctively salivate over tax cuts. I'm hoping that a few democrats who voted for this bill will flip to opposition, but I doubt it... I suspect there will be high torque arm-twisting.
My congressman, David Price, voted in favor of the bill Monday. I've never voted for a republican in my life (well, except once in a sheriff's race), but Price has just pushed me to vote for his opponent, William Lawson, who opposes the bailout. I'm writing to let him know this of course. If we, the public, put these crooks back in office after this robbery, we deserve our impending bankruptcy.