Monday, September 29, 2008

These are the People Looking out for Us???

As President Bush was talking to the nation about the consequences of uncontrolled spending and speculating and the resultant need for the $700 billion bailout of Wall Street, Congress passed a $633 billion Continuing Resolution (CR) that not only funds the Department of Defense; Homeland Security and Military Construction (VA), but also includes over 2,300 earmarks. While pork is nothing new, carving it up in the dark is rare. When the huge spending bill hit the House floor last night the Defense funding portion, which was the carrier of more than 2,000 earmarks, was seeing the light of day for the first time. Most of Congress and the public had not seen the provisions, giving them just minutes to review hundreds of pages of spending. Where's the transparency in this? Where's the accountability? And this is the backdrop to the American taxpayer being told Capitol Hill is going to teach Wall Street how to manage its money? And these are the people we are supposed to trust with $700 billion of our money?

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