McCotter's Vocal Criticism to the Bailout Bill
While the House is debating and voting on the bailout bill, a Republican Representative from Michigan, Thaddeus McCotter, is a vocal critic of the bill. He said the bill posed a choice between the loss of prosperity in the short term or economic freedom in the long term. He said once the federal government enters the financial market place, it will not leave. "The choice is stark," he said. He also compared the bailout to the Bolshevik Revolution, saying that it is a choice between "bread or freedom." Although it is debatable that his stirring speeches caused the bill to fail, I wonder if McCotter's words had any impact on lawmakers' subconsciousness. Did they really think, "Maybe this will one day haunt us..." Any thoughts?
Posted by kevw on 9/29/2008