02 October 2008
I Have Rethought My Position
In the prior posts about the House's defeating of the Administration's bail out plan of $700 million, I was angry at those who voted "no." I was wrong. In fact, I am glad the House defeated that bill and that they will defeat this week's revision.
It began to dawn on me that perhaps I could be on the wrong side of this issue after two events. First, I received Barbara Lee's-D (District 9) in which she explained her "no" vote was due to the lack of explicit steps to relieve the foreclosure and credit crises for individuals. Second, I received the Birk Plan and began to see how it really addresses the issue: the consumers, individuals are the ones who need the infusion of capital, not Wall Street.
I currently vote in District 49, which could not be more different a constituency than District 9 in Oakland. Darrell Issa-R is my representative in the House. He, too, vote against the Administration's bill; however, for other reasons.
I hope the amended bill does not pass the House and I hope the Senate begins to listen to Main Street instead of Wall Street.
Now, it's off to view the Biden/Palin debate.
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It began to dawn on me that perhaps I could be on the wrong side of this issue after two events. First, I received Barbara Lee's-D (District 9) in which she explained her "no" vote was due to the lack of explicit steps to relieve the foreclosure and credit crises for individuals. Second, I received the Birk Plan and began to see how it really addresses the issue: the consumers, individuals are the ones who need the infusion of capital, not Wall Street.
I currently vote in District 49, which could not be more different a constituency than District 9 in Oakland. Darrell Issa-R is my representative in the House. He, too, vote against the Administration's bill; however, for other reasons.
I hope the amended bill does not pass the House and I hope the Senate begins to listen to Main Street instead of Wall Street.
Now, it's off to view the Biden/Palin debate.
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