“We have acted boldly to prevent the crisis on Wall Street from becoming a crisis in communities across our country,” President Bush said when the house passed a pork barrel filled, embarrassingly ineffectively, anti-American bail out bill today. “Boldly” was the word he chose. When does acting boldly cross the line to acting foolishly?
I believe the votes can be broken down into three groups. The first are people who actually believe we are in a financial crisis and that this package will prevent the worst fiscal crisis in our country’s history. I’ll call them the idiots.
The second group in congress who voted for this bill has no real understanding of financial markets but President Bush scared them. In their panic, they are lashing the financial future of the country to any floating stick they can find. They’ll shove any good ideas under the surface just to keep themselves afloat. I’ll call this group the cowards.
The final group who voted for this bill has been purchased by pork barrel projects. During this time of crisis, they stopped and said “what’s in it for me?” A great example is two Oregon representatives who switched their votes to yes once a provision protecting makers of children’s arrows was added. This provision is going to help a grand total of 9 companies in the nation, two of which are in Oregon. The country cried out for leadership and Senators Ron Wyden and Gordon Smith kicked the American people in the crotch. Luckily we will have wooden arrows to shoot at them. I ask the people of Oregon to vote against Senator Gordon Smith in 2008 and against Senator Ron Wyden in 2010. Oregon, stand up for your country and bring these two down.
Let’s hop on over to my own state of Rhode Island, may it fall into the ocean. Representative Patrick Kennedy, who is only in politics out of some perverse aristocracy, tacked on a measure to provide mental health care for millions of Americans. Unlike the wooden arrow atrocity, I don’t fault the need for mental health assistance. This is true now more than ever as our politicians as well as our financial institutions screw the American public. I do get a sense of satisfaction knowing that the politicians are getting sloppy seconds. Speaking about messy stains, let’s get back to Patrick Kennedy. While the country needed sanity, he embraced a pet project and tacked it on to the biggest foolish blunder in American financial history. I will be voting against Patrick Kennedy in November and I ask other Rhode Islanders to do the same.