Who Is Congress To Question?
by Big Dog on Nov 21, 2008 at 00:11 Political
I was not in favor of the Wall Street bailout and I am definitely not in favor of bailing out the Big Three auto makers. Having said that, I find it interesting that certain members of Congress are skeptical about the auto industry bailout. They have every right to be skeptical but they keep expressing their apprehension about lending money to companies that have not managed their finances very well.
You see, members of Congress complain that the auto makers were foolish with their money, did not have adequate business plans, produced a product that was inferior to their competitors and now they want more money to do more of the same. But the Congress is no different than the auto makers.
Congress is foolish with our money, has a terrible plan for using it, produces an inferior product and when it needs more money it gets it from us. The only difference is that Congress does not have to beg for it like the auto makers. Congress just confiscates it from us.
Congress is even critical of the executives from the Big Three who flew in corporate jets to DC for the hearings. Who do these people think they are having such luxuries? Of course, these would be the same members of Congress who own more than one home (one in their home state and one in DC), have expensive leased vehicles paid for entirely by the taxpayers. The car, insurance, fuel, the whole shooting match. We even provide her majesty queen Nancy Pelosi with a plane to fly back and forth from California.
So, who do the members of Congress think they are? What gives them the right to question the executives who have done nothing more than those who are supposed to lead this country?
Tags: auto makers, Congress, hypocrisy
I have to ask where are the “strings” on the AIG bailout? Why wasn’t Frank and company nailing AIG and the banks with such requirements and restrictions? Something stinks in D.C. more than usual.
The Thunder Run has linked to this post in the – Web Reconnaissance for 11/20/2008 A short recon of what’s out there that might draw your attention, updated throughout the day…so check back often.
Don’t kid yourself Big Dog. This phony concern they’re displaying is nothing more than a tactic so they can side step any criticism once they do follow through bailing out the UAW with taxpayer dollars.