Stay away from credit cards.

- Warren Buffet

McCain Still McCain? or Give Wall Street Political Allies $700,000,000,000 and Get Credit for Riding Your Bike!

If McCain is still opposed to earmarks, pork and governmental largess in general as he has stated throughout his campaign, there is no way he can support this bailout bill. If he is really another big government politician like Obama, he will have no problem voting in support of this fiscal rape. Read the pork-o-rama bill and ask yourself why they increased the national debt more than any time in our history for this, for Paulson's panic:

450+ page bailout: The Senate Version

Politicians support these things because they do not think you will do anything about it. They believe you are lazy and stupid.

This is soooo wrong in a society that is supposed to be based on free-market capitalism. Those who support this can only be considered unprincipled sloths who wish for the future to resolve their problems so there is less suffering for our excesses now...nice.

Just for fun, we pulled an actual paragraph out of the bill for you to read:

(i) QUALIFIED BICYCLE COMMUTING REIMBURSEMENT.
The term ‘qualified bicycle commuting reimbursement’ means, with respect to any calendar year, any employer reimbursement during the 15-month period beginning with the first day of such calendar year for reasonable expenses incurred by the employee during such calendar year for the purchase of a bicycle and bicycle improvements, repair, and storage, if such bicycle is regularly used for travel between the employee’s residence and place of employment.


Give $700,000,000,000 to Wall Street, which both liberals and conservatives oppose, and in return give the American citizenry credit for riding their bicycle--because soon no one will be able to afford a car except those in the club, the Wall Street political cronyism club.

posted at 18:35:08 on 10/01/08 by clearpolitics - Category: Economics - [Permalink]

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The Gross National Debt