Monday, September 22, 2008

Newt Gingrich calls bullshit on The Bailout

Nothing will kill the chances of anyone reading this entry more that typing the words "Newt Gingrich", but here it goes anyway...

First of all, Newt Gingrich is a total douche.  I still hold him accountable for creating a large part of the partisan mess we are now in.  Granted, Bill Clinton helped him out by also being a douche, but I haven't heard Bill chime in on the Trillion Dollar Bailout that is about to flood out of our pockets and into Wall Street, so let's just take on douche at a time.

Mr. Gingrich, please chime in, and remember you have a new book to pimp, so make it good:
"Congress was designed by the Founding Fathers to move slowly, precisely to avoid the sudden panic of a one-week solution that becomes a 20-year mess."
HUH? Another Republican breaking ranks with poor George? Why Newt? This is from your own party, for Christ sakes??????
"Well, I think you have a Goldman Sachs chief of staff to the president and the Goldman Sachs secretary of the Treasury. And they convinced the president that the American people ought to send $700 billion to Wall Street, which I think is a very, very bad idea, and I would argue is a very un-Republican idea. I don't understand what they think they're doing."
Well, the shock of last week is now turning into outrage with a side order of distrust. It seems that now, after years of mismanagement and short-sighted solutions that make our national problems worse rather than better, the "Right" is turning against the Administration. All it took was a fuckload of money at stake. And we're not talking chump change "$500 billion War in Iraq" money, we're talking REAL money.

Or maybe he's right, but after years of manipulation, why should we trust Newt isn't just talking trash? In fact who can we trust period?

Are we are supposed to trust one guy? U.S. Treasury Secretary Henry Paulson... with a trillion bucks? It's seems we should do that, cause it's being written into the Bailout Package.

"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."

Um... so yeah this should work.

READ THE WHOLE THING

P.S. Despite being a douche, I give Newt mad props for stepping out of his political caste and acknowledging Global Warming.







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