Posted on 09/21/2008 5:16:46 PM PDT by PhilosopherStones
ABC's Sunlen Miller reports: Since yesterday, Sen. Barack Obama has spoken on the phone with House Speaker Nancy Pelosi, Senate Majority Leader Harry Reid, Senate Banking Committee chairman Chris Dodd, Rep. Barney Frank, Sen. Chuck Schumer, Rep. Ralph Emmanuel, former President Bill Clinton and Sen. Hillary Clinton about the economic situation and the plan for dealing with it.
(Excerpt) Read more at blogs.abcnews.com ...
point
I don’t necessarily agree with bailing out Wall Street. I am for that about as much as I would be us bailing out someone that lost at a casino.
There’s several points I am trying to make:
(1) There needs to be far more attention given to the Global Poverty Act that Obama sponsored in the senate.
(2) I am not in favor of spending this money to bail out those at the Wall Street Casino but I’d much rather spend it here than give it to the UN so that they could distribute it to nations that want to blow us up.
(3) We already give more foreign aid than any country in the world. Why commit to another $845 Billion? Our federal budget for 2008 was $2.9 Trillion and Obama wants us to commit to giving almost 1/3 that much to the UN for a welfare program?
(4) We had welfare reform in this country. Why does Obama think it will work if we put the world on welfare?
(5) I don’t like welfare but if we’re going to do it, let’s at least keep it here so that we’ll get something in return for it — like the recipents spending it here.
Most of all, attention needs to be given to the Global Poverty Act that will soon pass if Obama gets elected.
“The Loan Crisis” starring Barack H. Obama and a cast of the usual supporting idiots. Soon to open January 2009.
Hehehehe! Funny. Please tell me that’s a joke. If not, It’s a really goood shot. Could that be considered the 3:ooam ad?
Wasn't it the home owners not paying their mortgages that got us into this mess?
Worse, it was the corrupt Rats in congress who FORCED banks to lend to deadbeats if they wanted to expand, diversify or grow.
It was the corrupt Rats in congress who, in return for $100s of thousand of dollars in campaign cash, protected the Fannie and Freddie leadership who KNOWINGLY falsified the status of the accounts that were held.
And now Obambi wants to ask these same corrupt Rats for “advice”.
Be afraid. Be VERY afraid...
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