Best Solution for Financial Crisis

2008 September 23
by clevergael

–UPDATE–
Many others on board with killing the bailout.
Please make sure you see the EXCELLENT article by Hans Bader on why this bailout is an unconstitutional act….and a BAD idea.

And of course, the wonderful Michelle Malkin is all over the real grassroots efforts to kill this colossal bailout.

It will be hard. But so much less so than the currently proposed bailout.

Newt Gingrich says prudence is required when considering snatching $700B of YOUR MONEY to feed into the financial system.

I wholeheartedly agree.

And sadly, this isn’t the first time.

It’s time to end the silence and clear up the confusion.

Congress has an obligation to protect the taxpayer.

Congress has an obligation to limit the executive branch to the rule of law.

Congress has an obligation to perform oversight.

Congress was designed by the Founding Fathers to move slowly, precisely to avoid the sudden panic of a one-week solution that becomes a 20-year mess.

Please see the rest of this essay at The Corner.