Thursday, September 24, 2009

Bailouts

WASHINGTON — U.S. Rep. Spencer Bachus on Wednesday sought a promise from the Obama administration that the government will stop rescuing huge financial institutions on the brink of failure. Treasury Secretary Timothy Geithner declined.

“You can’t fix the system, make it more stable in the future, by hoping and promising that you’re going to ... abolish the fire station or block the doors of the fire station when the crisis breaks out,” Geithner told Bachus during a Wednesday morning hearing on Capitol Hill. “It’s not a strategy that works.”(link)
Finally the R's are acting more and more like conservatives... now that they can't reasonably expect to accomplish anything.

If they had acted like this when they controlled Washington, we might not be in the 'dire straits' we're in now. When confronted with Democrats and Democrat-lites, the voters will usually pick the authentic ones.

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