As we all learn the details of the proposed federal government bailout of Wall Street, one important point needs to be remembered. All parties have agreed that this is a real crisis, that threatens to possibly throw the U.S. economy into a deep recession or even a depression. In the midst of trying to negotiate legislation to help fix the problem, the Republicans in the House tried very hard to keep American taxpayers off the hook for as much of this $700 billion bailout as they could. The Democrats tried to inject various pay-offs to their left-wing political cronies, like union bosses and ACORN-type Democrat-allied political organizations.
This is truly scandalous, a gross violation of the public trust. Just try to imagine the outcry if Republicans had worked to give billions of taxpayer dollars to right-wing political activist groups in a bill to fund the cleanup and rebuilding after hurricane Katrina. It’s absolutely shameful, and the public ought not be allowed to forget it (Certainly Barack Obama, who once worked for the corrupt ACORN, ought to be asked about it).
The Republicans need to drive this point home at every opportunity from now until November 4th, and beyond.