Monday, March 16, 2009

Is It Malfeasance or Ignorance?

Our Congressmen seem outraged that the Executives of AIG and others are receiving bonuses while presiding over losses. Our Congress has resided over 200 years of losses, 200 years of debt. Why do they continue to get pay raises?

Our Congressman, along with every other member of his party from this state, short of Lincoln Davis, plus the Representative from Chattanooga voted for the CEO Bailout Bill. Marsha Blackburn led the minority party of our state, minus Zach Wamp in opposition to the CEO Bailout Bill, championed by then Senator Obama and supported by his opposition to the Presidency.

They tried to sell it to us as an "emergency" requiring "immediate action." They didn't have time to read the 700+/- pages of legalese and we have to wonder who had time to write it. But why now are they surprised that so much is being spent in Executive Bonuses? Perhaps because they didn't read what they voted for? Or perhaps because they knew it benefitted their campaign paying constiuencies?

We had little choice in the election of 2008. The press didn't cover the positions of Chris Baker. There is unlikely to be much coverage of the 2010 nominees for a while.

It didn't take long for the Common Sense Citizens of Tennessee to voice opposition to the CEO Bailout Bill. I withheld opinion until I could see the bill, but it didn't take but a few sections to realize we were being sold down the river. So why, did OUR Representative vote for it? Why was it that he bucked the views of the people of our district and why did he not realize it did not stop the largesse of CEO's and Executives?

Does he believe we have such short memories? Does he believe he can gloss over his support of the CEO Bailout Bill, the UAW Bailout Bill, and the Debt Stimulus Bill? Does he think that we will forget that he has voted FOR quadrupling the deficit in less than 12 months?

But let's be clear: It's not illegal for the executives to take the bonuses promised them. It is immoral for them to take the bonuses. It is not illegal for them to enjoy lavish retreats while contributing to the political campaigns of those voting for their bailouts. It is immoral.

It is not illegal to vote for earmarks, all 9,000 of them but it is irresponsible to do so. It is time to send a Common Sense Citizen to Congress. It is time to send a nice guy to pasture. It is time for Our Representative to Endorse a true representative of the People of Middle Tennessee. It is time for the follower of Gore to be replaced with a follower of Andrew Jackson. It is time for us to realize that the whipped Blue Dogs are not the Democrats of our forefathers.

Tennessee Taylor©2009, TNT, all rights reserved

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