By Mike Myatt, Chief Strategy Officer, N2growth
We’re being duped again…This rush to pass the Bailout plan is nothing short of self-serving fear mongering on the part of the people who caused this problem in the first place. Don’t you find it interesting that Congress convened at 7:30am this morning hoping to rush the vote on the Bailout plan before the American people could weigh-in? If the Democrats believe so strongly in this plan, then why don’t they just pass the bill? The Democrats have enough votes to carry this, they simply won’t do it without support from the Republicans. The Democrats want to be able to say this Bailout was a bipartisan act, and are looking for some Republican cover. Shame on the Republicans if they do this. This Bailout is bad for America, and stands for everything that’s wrong with big government politics.
While I’ve spent a great deal of time lately discussing various topics surrounding the current financial crisis and Presidential politics, I feel that I’d be remiss if I failed to do so. Not only do both of the aforementioned topics have a direct impact on business, but the spin and rhetoric is so far out of control that I fear it is becoming more and more difficult for the average Americans to distinguish fact from fiction. The simple truth is that sound-bites, opinions, and theory rarely reflects the history and facts underpinning our current debacle. In today’s post I’ll share more of my thoughts on the subject at hand, as well as providing some great video footage in support of my positions.
If you think Nancy Pelosi, Harry Reid, Chris Dodd, and Barney Frank care about anything other than covering their own backsides, then you haven’t really thought this through. Let’s say for a moment that you don’t buy-in to what I’m espousing in this post, do you really trust these four individuals to solve the crisis they were responsible for creating, and do it all in just a matter of days?
I hope the Republicans will show the backbone and character necessary to stand-up and kill this bill, but sadly, this probably won’t happen. What I can urge you to do is to call and e-mail your Representatives and Senators and let them know that you will most certainly not re-elect anyone who supports this madness.
