The Democratic-controlled Congress, acknowledging that it isn't equipped to lead the way to a solution for the financial crisis and can't agree on a path to follow, is likely to just get out of the way.
Lawmakers say they are unlikely to take action before, or to delay, their planned adjournments -- Sept. 26 for the House of Representatives, a week later for the Senate. While they haven't ruled out returning after the Nov. 4 elections, they would rather wait until next year unless Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke, who are leading efforts to contain the crisis, call for help.
One reason, Senate Majority Leader Harry Reid said yesterday, is that ``no one knows what to do'' at the moment...
...House Speaker Nancy Pelosi defended the decision of Congress to adjourn. Lawmakers can always be recalled to Washington ``if there is a need to do so,''
This pretty much says it all. "We don't know what to do so we're going home". I happen to agree that the best thing for Congress to do is stay out of this mess BUT the time for them to stay out of it was years ago when they CREATED this mess. You don't get to muck up the entire economy based on some pipe dream 'big houses for everyone' and run out of town when it hits the fan.
In the last three months, this DEMOCRAT controlled congress has faced down two major crises, the need for offshore drilling and the mortgage meltdown, by doing what Democrats do best - cutting and running - they went home.
If only we could get them to stay there...
Thursday, September 18, 2008
Democratic Congress May Adjourn, Leave Crisis to Fed, Treasury
Biden: Wealthy Americans Must Pay More Taxes to Show Patriotism
Biden: Wealthy Americans Must Pay More Taxes to Show Patriotism - America’s Election HQ
WASHINGTON — Democratic vice presidential candidate Joe Biden said Thursday that paying more in taxes is the patriotic thing to do for wealthier Americans...
...“We want to take money and put it back in the pocket of middle-class people,” Biden said in an interview on ABC’s “Good Morning America.”
Noting that wealthier Americans would indeed pay more, Biden said: “It’s time to be patriotic … time to jump in, time to be part of the deal, time to help get America out of the rut.”
Here we go...
I have a question. If it so "patriotic" for wealthy Americans to pay higher taxes, why isn't Biden calling on everyone to be patriotic?
Biden says what he means without really meaning to. "We want to take money and put it back in the pocket of middle-class people.” Take from the rich and give to the poor. Robin Hood all over again, except, let's be more accurate. It's STEAL from the rich...
Another 'progessive' once said "from each according to his ability, to each according to his needs". That was Karl Marx, author of The Communist Manifesto and father of Communism.
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