I would like to encourage those who are listening to get in touch with their elected Representatives. I think a few questions are fair to ask: Who agreed to the bailout? What were the names of the congressional leaders who met with the President and agreed to the bailout? When did they know? Who did they tell prior to the bailout so that people could call and buy millions of pesos and get a 20-percent return on their investment with your money that they get the profits? And above all, what can we do as a Nation to keep this from happening again? And I hope that the American people will not let this slide. There are still $15 billion in that account that could be spent, and we have already seen the President use it once. It should not be used again. But until we can pass legislation which is going to take awhile and will only take place if the people of America demand it, then they have to be held accountable by the voice of the American people.
Editor's note · Context
Addressing concerns about the bailout and accountability of congressional leaders.
Share
More from Gene Taylor
I think everyone on this committee was very frustrated with the attitude taken under the previous Secretary of Defense (SECDEF).
When the gentleman walks down there and signs the discharge petition for the balanced budget amendment, I will yield to him all night long. Until then, if he does not believe in a balanced budget, do not come down here and tell me, gee, we…
If you were to look back 400 or 500 years, to the nations that our forefathers left, many of them in Europe, a common practice then was that children would inherit the debts of their parents. If they did not have the money to repay those…
if only what the previous speaker said were true. If only he really cared about a balanced budget. There is an amendment that would require Congress to spend no more money than it collects in taxes, and it has been languishing in this…





