Tuesday, November 18, 2008
Sen. James Inhofe: Cancel the 'blank check'
For anyone naive enough to believe that the bailout of big banks was for the good of the economy, here's another opinion. Far be it from me to favorably quote a U. S. Senator, but here's one who spoke the truth yesterday:
"WASHINGTON — U.S. Sen. Jim Inhofe said Saturday that Congress was not told the truth about the bailout of the nation's financial system and should take back what is left of the $700 billion "blank check'' it gave the Bush administration.
"It is just outrageous that the American people don't know that Congress doesn't know how much money he (Treasury Secretary Henry Paulson) has given away to anyone,'' the Oklahoma Republican told the Tulsa World.
"It could be to his friends. It could be to anybody else. We don't know. There is no way of knowing.'"