Wednesday, December 10, 2008

Bailout! Bailout! scandal

Well we have a lot of excitement in the news.
First let go over the good news. Republican candidate Anh 'Joseph' Cao just won election of congress in a recent run off election. Cao ran on ethics and health care reform.
Now the big news. The house just passed bill to bail out the auto industry. The vote went down party lines with most Democrats voting yes while most Republicans voting no. Democrats and Bush want wants to save jobs and the auto industry. Republicans want to save jobs and the auto industry as well, but but would rather have the same federal judges who deals with financial problems like this handle this. Mike Pence R-IN out lines the Republican alternative plan to only to assist federal judges help the auto industry. I have a thought, why not bankruptcy. I thought bankruptcy was the mechanism already to set up to handle this. Not to mention that a "Car Czar" will be created. We are creating Czars in democratic nation?
Finally, I got to mention that the Governor of Illinois spent time in jail. This is a national embarrassment for our political system. If votes continue to see behavior like this from our politicians, less voters will turn out a the polls.

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