The Savage Republican

Jim Ramstad can be had

Once again, someone else's great idea becomes the way you live your life if that someone is a Senator or Representative.
Congressman Jim Ramstad will now vote "Yes" on the $700,000,000,000 bailout bill. Why the change? Because of a "sweetner" that anyplace else would be called a bribe. And it was your money that was used to bribe Congressman Ramstad.

P.S.-
I just watched this from Glenn Beck:

After watching this I thought about the above blog entry and feel I really needed to add this:
Mr. Ramstad- If you vote for the bailout bill: YOU are what is exactly wrong with America. YOU are exactly what is wrong with Congress. YOU are a prime example of what is wrong with Republicans and the the Republican Party. YOU have no ethics. YOU have no morals.
YOU are exactly why Congress enjoys a 9% approval rating. YOU are all that.
These are your last months in office.
Good riddance.

Letters, or "Speak now or forever hold your peace"

With the travesty of the Senate Bailout Bill behind us, I sent off this letter to my Congressman John Kline. It contains the text of letters I sent to Senators Coleman and Klobuchar:
John,
Here is an exact copy of the email I sent to Senator Norm Coleman and Senator Amy Klobuchar:
Senator Klobuchar:
I have four questions on your recent vote for the "bailout bill" that I am submitting to you and to Senator Norm Coleman.
As these are direct and unique questions, they will not be able to be adequately answered with a form email reply. Therefore I will expect a direct reply.
The four questions are as follows:
1. Did you read all 415 pages of the bill?
2. In voting for the bill, did you know the amount of $700,000,000,000 was not even a guess, but just a big sounding number from the Treasury? This was reported at forbes.com ("It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number." )
3. If you didn't know where the amount requested by the Treasury came from, why didn't you know if I could easily find out this critical piece of basic information?
4. If you did know, why did you vote for this bill?

I look forward to your reply.

Respectfully,

There was no language dissolving Fannie Mae or Freddie Mac (the only mention of those GSE's was on page 99 and referred only to stock treatment under the 1986 IRS rules).
The original Treasury request was three pages long. The House Bill was what, 140 pages? The Senate bill was 415 pages? Reducing excise taxes on children's wooden arrows? Mental health parity?

John, as I was against the original House Bill, I am certainly stridently against the Senate bill.
I urge you to vote "No" on the new House bill.

The Monsoon of incompetence

Heritage has an article which outlines two more glaring instances of Congressional incompetence. Again, this is all about the onrushing Social Security and Medicare tsunami.
The title is " $700 Billion bailout? You ain't seen nothin' ".
A number of times in the article Congress has been apprised of this coming situation. And just like the Fannie Mae and Freddie Mac implosion, the Maxine Waters, Barney Franks and Chris Dodds of Congress smiled, yawned and tell us all is OK.
If you need a graphic (double click on the graphic, then again to expand):

BTW, the $40,900,000,000,000 is a conservative current figure. It means that $40,900,000,000,000 needs to be put away TODAY, NOW to meet all future obligations. $4,650,000,000,000 is added to that figure each year. Every year.

The polls

Rush Limbaugh states that the most expensive commodity in America is ignorance. What is even more disturbing is willful ignorance.
Jay Cost at Real Clear Politics shows us this graph:

Despite all the evidence, facts and history showing the Democrats (Jimmy Carter and the Democrat controlled Congress of 1977, Chris Dodd, Barney Frank, Bill Clinton) and groups like ACORN (Obama's parent organization for his "community organizing") are the parties responsible for this financial disaster, the polls show that the public supports those who brought the crisis to the fore.
Perhaps this is a carryover of what Basswood Research found two years ago.

Some time ago I wrote that we are all cursed by Congress with inefficient toilets that flush 1.6 gallons that do not adequately flush and therefore waste my time as I wait to be sure that there isn't a,well, liquid disaster. So, we have a Congress that can't get flush toilets right, but the electorate trusts them to get the economy right.

"We don't need you. We have your children"

No explanation needed:

Comment from Savage Republican:
It should be noted that the top Video was produced by none other than
Jeff Zucker, CEO of NBC

Why nearly everyone should leave Washington D.C. forever, now...today

When Katrina hit Louisiana and New Orleans in particular, what we saw was three disasters:

Hurricane Katrina
Left government (Governor Kathleen Blanco and New Orleans Mayor Ray Nagin)
Big government as witnessed by FEMA

With the "crisis" on Wall Street and Washington, we see another thoroughly predictable disaster: Washington running as only Washington can.

We have the perpetrators of this fraud, the Dems and one Rep. Barney Frank accusing the Repubs of killing the bailout bill when there were 94 Democrats that voted against the bill. The Dems could have absolutely ridden roughshod over the Repubs as the Dems have an absolute majority in the House. Listen to Karl Rove tell how Nancy Pelosi and Barack Obama either couldn't or didn't get the bailout passed:

So one of two things is true: Nancy Pelosi is incompetent or this whole thing was planned by the left. And Obama has been AWOL on this whole thing. He couldn't even convince the Illinois Congressmen/women to vote for this thing.

This situation has always been termed a "crisis". Can't be much of a crisis if Congress takes off for two days for Rosh Hashana.

But, the most damning piece of information I've heard was this: where did the figure $700,000,000,000 come from? Computers on Wall Street and in Washington cruching volumes and columns of numbers? Captains of finance and Treasury officials burning out computer memory running figures 24/7? Uh, well, no. Not at all. Here is the filthy, dirty, little secret: " 'It's not based on any particular data point,' a Treasury spokeswoman told Forbes.com Tuesday. 'We just wanted to choose a really large number.' " And there you have it. You and yours have been put at risk for $700,000,000,000 by using the Treasury Department's Magic 8 Ball combined with the Omniscient Never Fail Dart Board bolstered by the Always Accurate Coin Flip (2 out 3 tosses to be sure).

It really is time to reset the trip odometer and for We, the People to take the country back. Time to re-establish the constitutional republic.
See you at Concord Bridge.

The Savage Republican

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