geekdaddy

This is the letter I e-mailed, before the second House vote, to my congressional delegation.

Dear Congressman,

I am an Arizona Democrat, and I am opposed to the current bailout bill. That said, it is probably going to have to pass. It shouldn’t be necessary at all.
I am a responsible citizen. I take care of my family, try not to live beyond my means, and pay my bills on time. I wish the government, and Wall Street could do the same.

This bill stinks because it is a gamble. 700 billion dollars does nothing to guarantee a way out of this financial mess. I am all for lubricating the credit markets. However, this leaves me feeling like there is not much left in reserve. What if it doesn’t work?

It seems to be a hasty plan, with no new ideas, being used to clean up Wall Street’s mess at our expense. I am worried that in the rush to pass something to mollify the American consumer, Congress is taking a risk that could well undo our economy further.

How much more is the government going to have to take over? What bank will be next? Mine? Yours? How long will the government’s intervention last? Can we truly be capitalists if the government won’t let businesses fail? I have nothing against socialism, if it is done well.

This piecemeal solution in the form of a bailout, smacks of being no solution at all. It feels like a punishment. A punishment for something we the American people didn’t do. Vote your conscience on Friday. I wish you the best of luck with a very hard decision.
Yours truly,
Andrew K. Benjamin
Arizona Democrat

Trackback URI | Comments RSS