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House Rejects Socialization of Banking System….For Now

 Taxpayers….Get ready!

Despite crazed lunatic opinion leaders like the NY Times uber-liberal Thomas Friedman running around saying the sky is falling, the folks who actually run the country won a round with Tuesday’s rejection of the socialization of the nation’s mortgage banking industry.

Cheers to those who voted against the so-called bailout and jeers to those who voted “aye.” The vote clearly defined the difference between the big government crowd and conservatives. On this matter, party affiliation matters very little: true conservatives voted no, the others yes. And while a bailout of some sorts is inevitable, the ensuing bill will be far better than the Giveaway to Billionaires Act that went down in flames Tuesday.

Oklahomans know a little more than most with their past economic struggles, and voters are seething over the Republican-led giveaway of hard-earned tax dollars to Oklahoma fat cats in this year’s legislative session.

Just to set the record straight, while Friedman and Speaker Pelosi and the cartoonish Barney Frank try to spin their way out of this by blaming everybody but themselves, even Frank’s own liberal hometown paper knows who is to blame. The idiotic Friedman blames those pesky voters, but this video proves over and over who really was looking the other way as the sub-prime mortgage house of cards was collapsing.

Meanwhile the action shifts to the Senate today. But our hats are off to congressional delegation members Mary Fallin, John Sullivan and Frank Lucas.

Related:

Green Country Values: Green Country Congressman votes, “No!” on the Bailout

Get Right OK: Does Tom Cole still deserve to be called a Conservative?

Okie Politics: Fallin, Lucas and Sullivan pro-Depression Deux

Right On!: Bailout or Ride it Out?

Wednesday, October 1st, 2008 Cong. Frank Lucas, Cong. John Sullivan, Congress, Mary Fallin, Rep. Fallin Trackback URL for this entry

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