DaG was right! DaG is pissed!

Those lousy no good sons-a-bitches! They ignored the overwhelming response by their constituents. No other bill in history has evoked the volume of calls that members of congress received over this bailout. Early on one congressman reported that out of 300 calls to his office only 2 were in favor of the bailout. Betcha one call came from a guy named Goldman and the other came from a guy named Sachs. Less than 1% of the hundreds of thousands of calls to congressional offices were in favor of the bailout, yet the Senate and the Congress saw fit to pass it. I don't want to restate all the reasons this bill is nothing but a scam, (It's all in previous DaG posts) but let's look at some new stuff that has been brought to my attention.


1. Proof that this will do nothing to help our financial/economic decline. Prior to the passing of the bailout the Dow was up 300 points, as soon as it passed the market lost all of that gain and the Dow closed down 157 points.

2. 700 billion dollars allotted to one man. This one man gets to appoint those who oversee where the money goes. The men he has pegged for the oversight are the same CEO's who's companies recently failed, filed bankruptcy, or were bailed out by us. Are you kidding me? These guys are throwing a champagne party at our expense. This one man gets to set the price of these worthless pieces of paper known as MBS and their derivatives. After which we have to pay that price. There will be no negotiating there will be no competition.

3. The Pork. Children's wooden arrow manufactures, Producers of rum (which I'm going to need a keg or two of because . . .) Nascar tracks will receive 158 million dollars for improvements!!!! Nascar!!!! I hate Nascar! Please God, let the comet hit tonight! Please, oh please!!! I can't take this anymore.

While McCain promised to make famous those who include earmarks on spending bills and hasn't told us one name on this travesty, I thought I'd give you the names of representatives that actually voted the way their constituents wanted them to vote :

Allard (R)Barasso (R)Brownback (R) (and I hate Brownback) Bunning (R)Cantwell (D)Cochran (R)Crapo (R)DeMint (R)Dole (R)Dorgan (D)Enzi (R)Feingold (D) Inhofe (R)Johnson (D)Landrieu (D)Nelson (FL) (D)Roberts (R)Sanders (I)Sessions (R)Shelby (R)Stabenow (D)Tester (D)Vitter (R)Wicker (R)Wyden (D)


I won't list all of those in congress who voted no because there's just simply too many but I would like to point out a few notables: Dennis Kucinich and Ron Paul. These guys need to be applauded for not only voting no but, for their outspoken resistance to an obvious attempt by the administration to privatize profits and socialize the losses. It was congressman Ron Paul who correctly predicted this economic / financial scenario five years ago. He was widely ignored and called a kook.

What if we as a country just said "no'. A tax payer revolt is a difficult thing to make happen because, it sounds good in theory but, people get scared when it comes right down to it. It's a little tougher to pull off nowadays because there's this thing called "the Federal withholding tax" that comes right out of your paycheck before you even receive it. Believe me when I tell you that it'll be going up in the next year no matter who wins in this election.

DaG Out