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Thursday, October 02, 2008

Mailbag: CPA writes followup: re; Bailout--the lesson in civics

Students of American History should note this proud moment in the workings of the US Congress in regards to the bailout bill.
Proposed roughly 12 days ago, in a three page memo from the U.S. Treasurer, it turned into a failed 120 page House version within 8 days, followed by a passed 451 page Senate version within 4 days. Wow! Contemplative, seriously examined legislation at it's best. Thank God, it wasn't over anything important, as we all know $700,000,000,000 and granting unfettered (and probably unconstitutional) financial power isn't what it used to be.

No matter what your political persuasion, this rush to decision is an historic example of congress abdicating their oversight responsibility. Let your House Representative know what you think of it. Congress should not be for sale. 331(451 less 120) pages of pork is apparently the going bid for Congress's blessing. You can stop this. Let your Representative know.

Richard Ginnaty
8732 Knights Circle
Huntington Beach, Ca. 92646
714 962-5810

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