Why the Bailout Infuriates Voters
By failing to rein in the practices of lending to bad credit risks, there is no guarantee that the same abuses will not be repeated. In fact, it is almost a sure bet. The only thing that Congress has done is clear the bar tab of an alcoholic who was being turned away from the bar for failing to pay his bills. He now has a fresh start to go on another drunken binge.
The ineptitude, the finger-pointing, the bickering, and the deceit that have run rampant in this entire debacle have caused voters to lose confidence in our leaders — and rightly so. But what has pushed the public past the tipping point of outrage to pure rage is the fact that pork-barrel "sweeteners" like tax exemptions for "wooden arrows" and funding for wool research were added to the package in order to secure the votes for passage.
Faced with what was described as the most serious financial crisis in perhaps a century, and with our elected representatives supposedly recognizing and believing that to be true, they wouldn't act to avert the crisis unless they got a little something extra for their lobbyist buddies and special interest cronies? They would not fulfill their sworn duties without getting a little payoff?
Imagine your home catching on fire, with your children trapped inside the burning structure. As you watch in panic, the minutes tick by for what seems to be an eternity until finally the fire department arrives. Firefighters pour off of their trucks as the sirens blare and the lights flash. They grab their hoses and axes ready to rush into action to save your home and family. Then, they pause and ask you for a little extra cash from whatever you happen to have in your wallet before they are willing to do their job.
That is what Congress did last week. And it is why we should be disgusted with the whole bunch.