Quick Observations On Bailout Bill Failure
The House of Representatives has voted no on the Wall Street Bailout bill. Here are some quick observations I have on the subject.
I support this legislation.
1. If this nation ran on a parliamentary system, the government would collapse.
2. While I am ideologue in many respects, this vote is being held hostage to ideologies of both the right and the left.
3. After the failures and lies of Iraq and this possible failure of our financial system, how can average people trust anything they are told?
4. Average people–the Main Street we keep hearing about—have some fault here. Many sought to live beyond their obvious means.
5. The flawed initial proposal from the White House, John McCain’s seemingly pointless suspend the campaign stunt, and the rabid free-market ideology of many House Republicans, show that Republicans are simply not competent to govern.
6. The idea that any speech by Nancy Pelosi killed the bill is silly. If House members felt this bill was good the country, why would a speech change people’s minds?
7. I understand that this bill came from the White House and that House Republicans are often very far to the right, but Democrats have a majority in the House. They have the obligation to make this work in the House.
8. Members of Congress had the right to vote as they saw fit. Even in crisis we have to keep our faith in democracy and move ahead to the next solution.
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Welcome To Texas Liberal
Texas Liberal is a blog of politics and political history.
My name is Neil Aquino. Here is my profile.
I can be reached at naa618@att.net.
Additional focuses of the blog are books, art, poetry, personal relationships and, also, sea life and marine mammals.
( The picture above is of the Houston Ship Channel. A narrow channel can lead to a wide sea.)
The signature post of this blog is the Martin Luther King Reading & Reference List. This list is the best of it’s kind on the web.
Another good post is my reciting the words to the Shaker hymn Simple Gifts on Galveston Island, Texas as a ship passes behind.
I live in Houston, Texas and I do sometimes write about political issues in Houston and in Texas.
I also often write about my former hometown of Cincinnati, and about the great beach city of Galveston, Texas.
I define liberalism as a role for government in the economy to help make life more fair, and a broad acceptance of people regardless of who they are.
This is why it says “All People Matter” at the top of the blog.
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Texas Liberal began regular posting on July 25, 2006.
I also blog at the Houston Chronicle as one of eight featured political bloggers, and on Where’s The Outrage? which posts out of North Carolina.
Thanks for reading Texas Liberal.
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Blame the democrats for the Republicans saying “No deal” to Republican President Bush.
That makes perfect sense…
Sorry I was not red meat enough for you. That the bill came from one party does not mean the other party is free of obligation. There is still a country to run.
the dems have majority but not enough to pass the bill, the bill in itself a bad idea, the auto workers get 25billion for their ford f 150’s is a joke. they need to stop making all these giant ass cars. all bans on oil drilling in the atlantic and the pacific coasts is rediculous as well. main street is simple and that is why they voted bush in twice and bought houses bigger than they could afford that got equit lines where they ran out and furnished these homes, jesus we are really screwing up as a culture and nation. divided and angry and blaming, we are responsible.
There does indeed seem to be plenty of blame for all.
bush really really wants it so it has to be wrong