Wednesday, January 14, 2009

Inhofe for President!?!? ran a story today about our own republican Senator Jim Inhofe. Inhofe has been very outspoken about the fact that he did not and does not support the bail outs that seem to be happening on a daily basis now. I hear Senator Inhofe on the morning radio show-Mullins in the morning KTOK 1000-periodically and I am really glad that we have him in Washington representing us. He seems to hold true to the conservative values he was elected with and listens to what the people that he represents say. I only wish there were more like him there!!! It is so good to hear someone speak out against the government running amuck. Of course we only hear about it on talk radio or conservative internet news sites-we wouldn't want the world to know there are actually a lot of people that hold true to conservative values. The media would have us believe it is just a few backwoods hicks that still feel that way and therefore there is no need to even acknowledge them. Well I am proud to be one of them and am glad we have politicians from our state not afraid to call things as they are...outrageous! Here is part of what he had to say to newsmax.(colorful emphasis was added by me!)

U.S. Sen. James Inhofe tells Newsmax that Congress’ approval of the $700 billion
Wall Street bailout is the most
outrageous vote in American history
The Oklahoma Republican also
said he doesn’t believe taxpayers will see the bailout funds paid back as

“I think history will treat that vote as the most outrageous
vote in American history, where 75 percent of the House and Senate voted to give
an unelected bureaucrat an unprecedented amount of money – the largest amount in American history to be actually voted on at one time, with no strings attached,
no guidelines, no oversight.

“Now that was bad enough and then … President
Bush came out with his statement [asking for the appropriation], which really
disappointed me. I was still trying to get what we call S64 and that would have
made the members of Congress responsible for passing or not passing this
recommendation from Obama.
“Now what has happened is that President Bush has
said, I guess he called up Obama, and said: What’s your wish list?
“We’ve already introduced our resolution of disapproval … I think it will pass the
House and it could pass the Senate, although I think Harry Reid would not even
allow a vote on it just to save the embarrassment to the new president, Obama,
because all he has to do is veto the resolution of disapproval and then” the
votes are there to override the veto.
“So it’s a fait accompli,” he added.
“It is done. We’re going to have another $350 billion to add to the first $350
“And I think there are a lot of smart economists who have said that nothing really good happened with the first $350 billion.”
Martella asked: “Wasn’t [Treasury Secretary Henry] Paulson supposed
to account for the way he spent the money?”
Inhofe answered: “He was
supposed to account for it. Even worse than that, he promised how it was going
to be spent. He was going to buy damaged assets. That’s what he was going to do.
“Fifteen minutes after he got his hands on the money, he
forgot all about that and never bought any damaged assets and instead bailed out
various banks…

“A lot of Republicans are saying, well that money’s
not gone, he bought preferred stock and it’s going to be paid back with
“Well that would be awfully nice, but I don’t
think that’s going to happen.”

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