Monday, September 22, 2008
$700 Billion Faith-Based Initiative? No, ThanksPresident Bush and Secretary Paulson won't like this, but the Democratic Congress looks like it might actually be ready to act on behalf of the American people, and not merely rubber-stamp the usual Republican corporate welfare program:
“Congress will respond to the financial markets crisis by taking action this week in a bipartisan manner that will protect the taxpayers’ interests,” House Speaker Nancy Pelosi said. She added that the administration’s proposal did “not include the necessary safeguards. Democrats believe a responsible solution should include independent oversight, protections for homeowners and constraints on excessive executive compensation.”Yeah. We don't need a $700 billion faith-based initiative.
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No subject for immortal verse
That we who lived by honest dreams
Defend the bad against the worse."
-- Cecil Day-Lewis from Where Are The War Poets?
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