Off-Topic: Bailout insanity

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	Name:	MartiniMan -
	Subject:	Bailout insanity
	Date:	9/26/2008 1:35:56 PM

Amazing details emerging about the Democrat leadership plans for bailing us out of this mess. For example, 20% of the funds go to a community organizing outfit called ACORN. ACORN has been investigated, charged and convicted of voter fraud in numerous parts of the country. Also, there is no provision for the government paying "fair market value" for what they acquire. What this opens up is sweetheart deals for favored recipients. It also includes requirements that only green projects can be funded. For example, if you want to build an office building it will have to meet "green" requirements, which is an artificial financial constraint.

I have to admit I was confused why no deal could be done without broad bipartisan support. Dems control both houses and had Bush on their side so they could pass whatever they wanted. It is apparent that they want political cover for the plan which is in my view wildly flawed. When the you-know-what hits the fan as details of this plan emerges they want cover. The fact is they can do this without Republicans but are afraid to do so.