Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Monday, September 29, 2008

Constitution to 'hang by a thread'......

CONSTITUTION OF US: "We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare," not insure it, "promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America."

Section 1 of bailout proposed bill: "Emergency Economic Stabilization Act of 2008, Section 2, Purposes: Provides authority to the Treasury Secretary to restore liquidity and stability to the US financial system and to ensure the economic well-being of Americans." This absurdity is better known as socialism. Our government is going to pass a law that has as its stated purpose the secretary of the Treasury ensuring the economic well-being of Americans.

The Democrats and LEFT are trying to 'socialize' America....this is NOT constitutional

96 Democrats vote NO on bailout while Obama gets his laundry done.

. That’s O.K. I’m going to have to get my dry cleaning going too.” said Obama at a political rally. this came as he condemned McCain for having dinner with his wife in DC....

In the meantime: "Congressman Peter DeFazio (D. Or.) said that Nancy Pelosi and the House Democratic leadership always assumed that the bailout bill would pass. As a result, they failed to lean hard enough on people like DeFazio and other House Democrats who were allowed to vote "no" as a matter of conscience.
Once again, Nancy Pelosi & Co. couldn't count votes within their own caucus, failed to understand that getting votes from the Republican Caucus would be difficult enough under ordinary circumstances, completely misread the mood of the House and failed to pass the bailout bill. As the majority party, the Democrats bear the responsibility for this failure. If the Speaker's gavel is too heavy for Nancy Pelosi, she should give it to someone else and if the House Democrats can't lead in a time of crisis, they ought to step aside and let someone else do the work.