Don't steal from me, Senator Obama
I signed a petition asking my legislators not to approve a bailout. I got a response from Senator Obama similar to the one quoted elsewhere.
Dear Senator Obama:
I contacted you earlier writing against the bailout, and received your reply.
Given your commitment to a bailout, I'm glad you're looking for ways to improve matters. But you are planning to remove thousands of dollars from my pocket, either as taxes or as devaluation of the dollar, to pay for mistakes made by private citizens.
You do not have my consent to do this. It is stealing from me.
Merely waving your hands and saying "liquidity" and "worsening downturn" is not enough explanation for why you're planning to take money from me. You owe us better than that.
Furthermore, you point to a need to rescue the economy. Have you considered the effects of inflation on the economy? Talking about bailing out mortgages without any discussion of the inflation this will create makes it look like you are only interested in protecting the rich. I'm sure you don't want that.
Another topic that isn't being discussed: is it the right answer to go on creating a socialist regime in the US? Buying up companies and personal loans? This isn't the America I grew up in. It sounds more like China. Are you for or against this approach?
The closest you came to answering my call to vote against a bailout plan was "I agree that urgent and decisive action is necessary during this time of economic turmoil". Please come back with a better answer for your actions than that.
4 comments:
I'm kinda' hoping for socialism. I've got 1,000 "proletariat" t-shirts collecting dust ATM.
obama is claiming to be a fiscal reformer now, yet he was silent when mccain and bush have been pushing for changes in this market for some time now. http://online.wsj.com/article/SB122212948811465427.html
with this situation and his visit to iraq when he asked one of their officials to delay US troop withdrawl until the installation of the our next administration, he continues to DO nothing, point fingers, then swoop in for the dramatic rescue. yes! no more socialist solutions! let the market work out the problem.
Do you think Obama opposing this bailout would have made a difference? Sure you can complain and call him a socialist, but it was going to happen with or without his support. So while you are at it you might as well call all the republicans who voted for it socialists as well.
All these guys in office want to look like they are doing something. This 'bailout' may or may not help anything and frankly it doesn't matter because eventually our economy will get better and all these politicians will crow about how this bailout they supported was what saved the day, be it true or otherwise.
I largely agree with your comments, Shlomo, and yes, I do think that the Republicans who voted for the bailout are socialists.
I want to point out that I sent correspondence to all of my federal legislators, and this letter was to Obama only because he was the only one who bothered to reply to me. My addressing this letter to him had nothing to do with the presidential election, other than maybe that was why he thought it worthwhile to reply to my original correspondence demanding that he not vote for the bailout.
Post a Comment