Wednesday, July 16, 2008

Senator Jim Bunning...

Had to be a pitcher, right? OK< here is the exact quote, I was fairly close...and I agree, it is mindboggling how we continue to make the same mistakes over and over and over again and keep going back to the source that made the mistake asking them what we should do...

This is off Senator Bunning's webpage, fyi...
____________________________________________________
Third and finally, since I expect we will try to get right to questions in the next hearing, let me say a few words about the G.S.E. bailout plan. When I picked up my newspaper yesterday, I thought I woke up in France. But no, it turns out socialism is alive and well in America. The Treasury Secretary is asking for a blank check to buy as much Fannie and Freddie debt or equity as he wants. The Fed’s purchase of Bear Stearns’ assets was amateur socialism compared to this.

2 comments:

Troy Peterson said...

I was watching Senator Bunning and thought what he said was great. Of course CNBC said Bunning is a different guy (being weird was the reference). I disagree. I acutally felt normal hearing him address the FED in such a manner. We need more Senator like Ron Paul and Bunning.

Waxie said...

I'm not a fan, or anti Senator Bunning, I just liked what he said about this. I don't know enough about his politics otherwise to have an informed opinion in other terms.