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To: SE Mom
Look at these are newly proposed “safeguards” . Limiting taxpayer exposure to unsound mortgages? Auditing failed companies to make sure their books aren't cooked? Guarantee taxpayers don’t pay salaries/bonuses for Wall Street execs? Review credit rating agencies to make sure they’re honest/competent?
I really wish I could feel better about this but…

This only exposes the utter, complete contempt & disregard with which our government has viewed us. It’s nearly incomprehensible that these are “new” ideas.

And these are the people who want to reinvent our health care system?

13 posted on 09/26/2008 9:09:40 AM PDT by justkate
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To: justkate

As I understand it, part of the problems that led to this crisis was the fact that there was no oversight. There was no-one watching these companies. McCain tried numerous times to get oversight passed into law, but his bill(s) were blocked in committee by the Dems and not even DISCUSSED or debated!

This does NOT use taxpayer dollars to finance any bailout...

And as far as the healthcare “remodel” — that is NOT the Republicans! THAT is the Democrats. THEY are the ones pushing for SOCIALIZED medicine financed, again, by our tax dollars.

I don’t really understand where you are coming from saying that these are not new ideas. This is a 180 degree turn around from the COMPLETELY taxpayer funded Paulson plan.

I also don’t understand how these provisions show contempt for the taxpayer — they are trying to STOP the Democrats from passing the bill that COMPLETELY takes our tax dollars, rewards the criminals in this, and also gives MILLIONS to left-wing organizations. THAT is contempt for the taxpayer. The House Republicans are trying to STOP that from happening with these ideas. If they are so dang intent on passing SOMETHING, I would MUCH rather it be these provisions than ANYTHING in the Paulson plan!


66 posted on 09/27/2008 9:11:52 AM PDT by LibertyRocks ( http://LibertyRocks.wordpress.com ~ Pro-Palin & NObama Gear : http://cafepress.com/NO_ObamaBiden08)
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