When I wrote Saxby Chambliss the evening after he betrayed the best long-term interests of Georgians by voting for the Bailout Bill, I got a response from him the next morning. One line I found particularly amusing:
The bill that I voted for is not a bailout. H.R. 1424, “The Emergency Economic Stabilization Act,” is crafted to address the crisis; restore security for the American taxpayer; and return our nation to the strongest economic power in the world. And in the process this bill enables us to root out and punish those who cheated us all. (emphasis added)
It’s not a bailout. Oh good, because I was concerned there for a minute that it was. Since I now know the real name of the legislation, I can clearly see how it’s not a bailout.
That’s political jargon, and every one of us can see through that. Nice try though.
We all know that the media ran with this and slapped “Bailout” on it before our Senators could find a more palatable name for us to use for this bill. (Did the media finally get something right?)
Today I found this post by Jason Voiovich, which gives a fun look at how phraseology might have been chosen so that we would support what our Senators are doing.
As I sit here wondering what impact this whole $700 Billion “emergency economic stabilization” will have on the value of the dollars I earn (or how many more of them will be sent to the government in the coming years), I’m more than ready to have a little fun.
Disclaimer: I don’t know anything about Jason Voiovich, other than the fact that he wrote that blog post. Any opinions or views he has are his own. He doesn’t endorse us; we don’t endorse him. This is just a link to something amusing we found online.
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Senator Coleman (one of my two in Minnesota) said the same thing. Quite funny…