The bailout plan failed, and contrary to the predictions of those in Washington, the world as we know it didn’t come crashing down around our feet. So, what did we all do? We went about our daily business knowing that we would have to tighten up our belts and control our personal spending.
What did those in Congress do? Well, they decided: If at first you don’t succeed, try, try again:
[House Republican Whip Roy] Blunt said one of the reasons he is more optimistic is that lawmakers are hearing less vocal opposition from their districts. He said that calls and e-mails to congressional offices that were running about 90 percent against the measure earlier now are at about “50-50.”
Really, it’s now “50-50.” Any chance that’s because we already told you how we felt, and now we actually have to make a living. Let me try and explain this for our Congressional Representatives the way I would explain it to my kids.
“I told you ‘no’ already, and I shouldn’t have to keep telling you ‘no.'”
Does Congress really think that 40 percent of the American public has changed their mind since last week? Why would we do that? What would be the cause. Nothing has changed for us. Everything is the same. We spoke loudly last week, and in a surprising turn of events, the Congress actually acted as Representatives of the people and voted down the bailout bill.
Now, if you want to go ahead and increase the FDIC insurance level, knock yourselves out. But, if you want to bundle that with a Wall Street bailout, please let me be clear… My answer is still a firm and resounding, “NO.”