Archive for September 30th, 2008

Tried to write another note to my congressman to encourage him to continue his opposition to the bailout. Here’s the message I received:

“The House of Representatives is currently experiencing an extraordinarily high amount of email traffic. The Write Your Representative function is therefore intermittently available. While we realize communicating to your Members of Congress is critical, we suggest attempting to do so at a later time, when demand is not so high. System engineers are working to resolve this issue and we appreciate your patience.”

Here’s why: “The servers hosting the Web sites of the House of Representatives and its members have been overwhelmed with millions of e-mails in the past few days, forcing administrators to implement the “digital version of a traffic cop” to handle the overload — for the first time ever.

“This is unprecedented,” said Jeff Ventura, communications director for the House’s chief administrator.

The tidal waves of e-mails and page views began over the weekend after negotiators announced Sunday that a deal had been reached on legislation to enact a $700 billion bailout of the country’s financial system.” (from CNN.com)


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Quote of the week

“If the entire global economy is so vulnerable that only the stalwart action of Barney Frank stands between it and ten years of soup kitchens, can it, in fact, be saved?”
— The Corner on National Review Online

(HT Mark Horne)

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Lou Dobbs speaks out on the “bailout”

Kiran Chetry, CNN anchor: What happens now?

Lou Dobbs, CNN host of “Lou Dobbs Tonight”: “Well, what happens now is that it sounds like the same fools who brought you this effort are going to try again.

Henry Paulson saying he’s going to come right back, suggests he’s not learning. And he’s not paying attention to the Congress. These Congress people are all at home in their home districts, nearly every one of them and they’re hearing an earful. The American people don’t want to hear this nonsense about $700 billion to bail out financial institutions. Frankly, Kiran, they don’t need it.

Economist after economist, with whom I’ve spoken, CEOs, they acknowledge that there are far better ways to deal with the issues confronting our financial system than this bailout. And it’s absolutely obscenely irresponsible of House Speaker [Nancy] Pelosi, Treasury Secretary [Henry] Paulson, President Bush, Sen. Harry Reid, the leader of the Senate; for these people to be clucking about like hysterical — so hysterically. It really must stop. . . .

To watch our political leaders, they have no idea in the world, Kiran, what they’re doing. Literally. And the arrogance with which this administration asks for, not only money, almost $1 trillion, and surely more in the months ahead. But the absolute power for Treasury Secretary Paulson. Give me a break. The American people want this stopped. Those Congressmen and women at home right now, in their districts, are getting an earful because this is an absurdity and it has to end.”

Lou, come on, tell us how you really feel.

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