Posted by MAXIMUS
I agree with Newt Gingrich. The bail out plan is horrible. The federal government will swallow up all of the bad paper debt currently clogging up the credit arteries in our nation's financial system. We need a work out for these companies, not a bail out.
From Newt Gingrich's appearance on Fox News' Hannity and Colmes show tonight: [Paraphrased] "We need a plan that the Country can support, not one supported by Wall Street....Paulson has failed."
Gingrich went on to say [paraphrased]: "Obama's miscalculation in this whole ordeal? Wanting to talk politics during a crisis. John McCain is not...he realizes the gravity of the situation and is rightly in Washington to deal with this ordeal. McCain is not going to show up for a debate, so why is Obama? McCain should be trying to solve the crisis...and he is. None of the House Republicans have agreed to support this deal from the Senate...just because the Senate wants it (alone with Paulson and Bernake) doesn't mean the House Republicans will go along with it....I know for a fact that there is no deal yet." The conservative wing of the GOP is opposed to the Paulson Bail out....and the Democratic Bail out plan in the Senate. The American people will support lending the money, not giving it away by a range of 80% to 20%...."
The money quote from Newt Gingrich, "The conservative wing of the GOP is opposed to to the Paulson bail out."
President George W. Bush is a liberal, not a conservative. Vice President Dick Cheney is a liberal, not a conservative. Paulson and Bernanke have a plan to bail out Wall Street, not Main Street. Welcome to socialism America, welcome to this point in history. We are violating our free market principals as espoused in the Republican Creed, to wit:
"That the free enterprise system is the most productive supplier of human needs and economic justice"
"That fiscal responsibility and budgetary restraints must be exercised at all levels of government"
"That the Federal Government must preserve individual liberty by observing constitutional limitations"
In Virginia, Conservatives are encouraged to watch how our Federal Delegation votes on the bail out as presented: Congressman Whitman, Congressman Drake, Congressman Forbes, Congressman Goode, Congressman Goodlatte, Congressman Cantor, Congressman Wolf, Congressman Davis, and Senator John Warner. Will they stand up to the test voting against this government hand out and thereby actually live up to the principals of limited government, fiscal responsibility, and budgetary restraints?
Will Republicans in our Virginia Congressional Delegation actually vote like conservatives?
Will they abide by the principals espoused in the Republican Creed?
Will the Republican Congressmen from Virginia cave to the liberal Republican President, the liberal Republican Vice President, and the inside Wall Street self enrichment bailout baseball being pitched by Treasury Secretary Paulson and Fed Chairman Ben Bernanke?
Will America truly become a socialist society? With the passage of the bail out as presented, the answer is YES!!
Contact your Congressman, YOUR REPUBLICAN CONSERVATIVE CONGRESSMAN, and ask them to vote against the bail out. Will Whitman, Drake, Forbes, Goode, Goodlatte, Cantor, Wolf, Davis, and John Warner vote with the liberal President and his oh so willing Democratic majorities in Congress or will they chose to actually live up to the principals in the Republican Creed? This will be a defining moment in Virginia Conservative Circles. We elected Conservative Republicans to Congress to represent us, not liberals. I am sure our Republican Delegation will live up to the Republican Creed when they cast their votes against this bail out plan.
Thursday, September 25, 2008
Posted by MAXIMUS