Bob McCarty Writes

Call it an example of the power of positive thinking or something else, but the economic bailout package expected to gain House approval today is raising at least 700 billion questions in my mind.  In particular, I’m concerned about the origin of the dollar amount being kicked around and the “legs” that seem to keep it running.

One week ago, the writer of a Forbes article quoted a Treasury Department spokeswoman as saying the $700 billion figure was “not based on any particular data point” and that “We just wanted to choose a really large number.”  So how is it that a huge, dreamed-up dollar amount remains in play today as part of the economic bailout package expected to gain House approval today?

The power of positive thinking?  I think not.

I’m more inclined to place the blame on political thieves (a.k.a., “members of Congress”) who use a special type of fabric known as “steal wool” to cover the eyes of their victims (a.k.a., “taxpayers”) as they rip hard-earned dollars out of their wallets, bank accounts, pockets and even piggy banks.

[Note: As of this posting, the U.S. House of Representatives is voting on the bailout bill.]

* * *

UPDATE:  BAILOUT GOES BUST — NO PLAN B!

Be Sociable, Share!

•