Monday, September 29, 2008

Amazing - Throw the Bums Out!

If there was ever a time for disappointment with those elected to Congress it is now. We all hope that people will do the right things for the right reason, especially those elected by the people to represent us and our interests. Apparently, that isn't the case as evidenced by the statements below.

"I'm not willing to put that bullet in the revolver and spin it. I will take the political risk," said Rep. Spencer Bachus, R-Ala., the ranking member of the House Financial Services Committee.

"We're all worried about losing our jobs," said Rep. Paul Ryan, R-Wis., before the vote. "Most of us say, 'I want this thing to pass, but I want you to vote for it -- not me.'

"We're in this moment, and if we fail to do the right thing, Heaven help us," he said.

These people in Congress are more worried about their jobs and who is to blame that doing the right thing. While they continue to dither in Washington, the retirement accounts, savings accounts and investments of many Americans suffer. It is the Americans on Main Street that are paying the price for all the dithering in Washington. If our Congressional members are more concerned about losing their jobs, then maybe we should accommodate. Those elected to Congress are there to do the right thing, not the politically expedient thing. I was further amazed, although I shouldn't be, with the harping over the weekend over who deserves the credit, or the blame. Or, have some have proffered, some Democrats and Republicans didn't vote for the Rescue plan because they were offended by Speaker Pelosi's speech (rant). Enough with the Pride in Congress, enough with the partisanship!

Unfortunately, our current state is a sad commentary on those who have been elected to office. Enough is enough! Even so, my points raised in earlier posts stand. We have a strong foundation, compromised currently by constraints on liquidity and lack of confidence. Time and corrections will take their toll, although the price could be minimized with some intelligent thought in Washington. Congress could have helped, and still can, by voting in favor of a measure that instills confidence in the markets. To delay will only require a more robust and higher valued solution later. Anyone who puts their interest above the interests of America should not be serving in Congress.


elliott said...

I can't believe they didn't pass it.

And I really wish Mitt were the nominee right now.

steven said...

How in the world could the US Congress hold a vote without counting the noses? Where is the leadership? In a nutshell, "There is none." I agree there is plenty of blame to go around. But REALLY. Blame can be afixed later. Now is the time for action. The crooks who started this mess are long gone. Well except for the Dems in Congress who will have to accout for their votes and their actions. That can and will be done later. Now is the time to either fix or replace the "flat tire." Fish or cut bait.