Sen. Bernie Sanders (I-VT) Says No More Bailout Money for Bush

[babylonsister]

Sen. Bernie Sanders (I-VT) Says No More Bailout Money for Bush
Submitted by BuzzFlash on Wed, 12/24/2008 - 1:39pm. Alerts
A BUZZFLASH NEWS ALERT


BURLINGTON, December 23 - Senator Bernie Sanders (I-VT) said today that Congress should reject Treasury Secretary Henry M. Paulson's request to release the second half of a $700 billion Wall Street bailout fund that has been shrouded in secrecy.

In a statement issued by the Treasury Department on Friday, Paulson asserted that "it is clear...that Congress will need to release the remainder...to support financial market stability." President Bush has not yet formally asked Congress for authority to tap the second half of the fund.

"It is inconceivable that we would provide another $350 billion to the banks -- supposedly to ease credit -- when they are refusing to tell us how they're spending the money they've already received," said Sanders. The senator said that many of the concerns that he voiced when he voted against the bailout on October 1 have turned out to be true.

"Given the incompetence of the Bush administration, there is no way I would give them another dime to throw at a program that he has been so miserably botched," Sanders said.

more...

http://www.buzzflash.com/articles/alerts/547

[bdamomma]

1. So Bernie who is pocketing all that money OUR MONEY!#!!

[Hydra]

2. We'll just have to wait for Jan 20th

They already blew the first half with no noticeable effect beyond enriching their cohorts and putting us further in the hole.

*Crossing fingers that Obama will do better*

[Metta]

3. About frreaking time. Those bastards should all be in jail.

Good going, Bernie. :toast:

[kentuck]

4. Obama should take that money and give it to the states...

in a revenue-sharing plan like we had in the past. This would help to prevent the coming crisis of states going bankrupt. California says they are 2 months from doomsday. I'm sure Massachusetts, KY, and a few others are not far behind. They could fix this problem today, rather than wait for the inevitable.

[Vinca]

5. I think he's actually sponsoring a bill with . . . you won't believe this . . .

James Inhofe . . . to stop it!

[natrat]

6. cue barney frank,dodd,schumer and rest of the dem whores to step and tell us we must have it now