On Demand
The Answer is Still No
Monday, October 06, 2008
Scott Garrett, U.S. Congressman (NJ-5th), talks about why he voted no -again - on the bailout proposal.
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Comments
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Scott Garrett is a true American!
Bail out NO NO NO!
Good for you.
I wish I could vote for you!
I have heard that the superior course of action would have been a stock injection (I think that's what is was called) and it makes sense. It would be basically taking an equity postion rather than just buying up the junk and taking owvership of only that.
I have also heard that, while many of us *thought* we were getting an equity position, the banking lobby is VERY stron and the final bill supposedly did not include that provision, but it now appears that somehow that option was, in fact, inserted into the signed bill. Is that true? Is it a good thing? will the next preadident be able to move the government actions in that direction and somewhat right the boat, so to speak?
Thank You!
We need transparency and accountability. "Make them famous", Scott!
garrett.house.gov
[Garrett is a Republican, for those interested -- I am not sure if the omission of party affiliation was accidental or deliberate by the WNYC staff; there appears to be no standard, as the Oct. 2 show gives the party affiliation for Nadler, Democrat. A frequent claim of media bias is made: That Democrat affiliation is omitted on negative stories about Democrats and positive stories about Republicans omit the Republican affiliation.]
I am a little concerned that the house just changed their minds based on things that were unrelated to the original bill.
They changed their minds because they added incentives, so please explain to me how is this looking out for the people? if they added another 110 billion dollars to a bill that the majority of americans opposed.
Good for you, Congressman! I have no doubt that we need government intervention here, but this was a terrible bill, and it's not going to solve much of anything (for a mere $700 billion, thanks very much).
Thank you.
Ya...we needed to bring back the slogan 'Just Say NO!"
Bravo, Congressman. Good for you.
So what's his plan?
BORED -- believe it or not some patriots believe that the government is not required to solve every problem. IE -- no plan. Hard to believe for Dems and GOPs it seems.
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