So Much For Maybe

I am not that disappointed by the House's reversal on the Bailout Bill. Since I have been disappointed by them so much in the past, this is just business as usual. Not only did some of my backboned republicans and blue dog dems switch their vote, they switched it for an even bigger sum than the original $700 billion they rejected earlier. I guess it wasn't the large number that bothered them, it was the fact that the number wasn't large enough! The "new and improved" bailout bill increased to $810 billion due to the addition of "sweeteners" that have the flavor of PORK!!!!

This bailout has taken away John McCain's only economic talking point of the first presidential debate. Time and again he pointed out Obama's love of pork (spending earmarks). Time and again he expressed his abhorence of earmarks. He was proud to say he had never asked for an earmark. However, when he voted for the bailout he betrayed his previous record. He voted not only for an unwise bailout, he also voted in favor of $110 billion in earmarks. Earlier in the campaign while supporting the military surge in Iraq he said, "I would rather lose an election than lose a war." With his latest vote in the Senate in favor of the Bailout he has proven that he would rather lose $810 billion taxpayer dollars then lose an election.

The only difference between Obama and McCain on the bailout issue is this: I expected more from McCain, I expected no less from Obama. True to his liberal roots, Barak's Change is really just an old play from the Tax and Spend playbook with a new twist. This time he voted to bailout the richest segment of society at the expense of the middle class he claims to defend. Obama has already broken a campaign promise (change, yeah right). During the first debate with McCain, Obama critcized McCain for a $300 billion tax break for the wealthy earning more than $250 thousand per year. In contrast to McCain's catering to the rich, Obama would provide tax relief to 95% of the country. With his vote in favor of the Bailout, he quickly erased McCain's break for the wealthy and simultaneously saddled the middle class with $510 billion tax increase to fund the remaining part of the Bailout. The twist is that a liberal posing as a change agent helped the richest people in our country at the expense of the middle class.

And what did we get as a result? Another day older and deeper in debt. The stock market continue to topple another 370pts. Why? I thought that the reason it tanked more than 700pts. last week was due to the irresponsible vote of my backboned reps. and blue dog dems. If these people changed their vote in support of the bailout then shouldn't the market recover and continue improve?

Here's the scoop! Nothing has changed! The rich on Wall Street are still rich. The poor on Main Street are still poor. Politicians in Washington still do not stand on principles. And Change We Can Believe In is only make-believe.