Earlier this week, we had on our op-ed page, all ready to go, a piece from gubernatorial wannabe Gresham Barrett about how keen he is on nuclear power. That was all well and good, but it was neither here nor there (I can keep the pretentious figures of speech coming all day) when it came to the issue of the moment, which was as that piece was being put on the page, Mr. Barrett was stepping out as the only member of the S.C. delegation to vote against the bailout, I mean rescue, bill.
Seemed sort of, well, off-topic to me. So I pulled the piece (you’ll see it online Saturday) and got Cindi to ask his office for a column explaining his vote. They expressed interest, and the next day we held space on the page past our deadline, but it didn’t show. Which was a shame because it would have run the same day as this editorial, which would have given you a sort of point-counterpoint on the subject.
It never did show. But today I get this via e-mail:
Barrett Releases Statement on Upcoming Vote concerning Economic Recovery Plan
Washington, DC – Congressman Gresham Barrett (SC, 3) released the following statement regarding the vote on the updated economic recovery package expected on the House floor tomorrow:
“Today we are faced with what Warren Buffet called an ‘economic Pearl Harbor’ that includes the ugly reality of an across the board credit freeze. The ability for companies to meet payroll and fund activities is threatened, and let’s be clear I’m not talking about Wall Street businesses, but 3rd district employers. Whether it is a small business that may have to close its doors, or major corporations employing thousands of my constituents, jobs are at risk. If Congress does not act the effects will be serious for American small business, families and consumers.
“Monday’s bill relied purely on government activity failing to consider fundamental free market principles that I believe must be part of any solution. I was aware of the gravity of the situation then as I am now, but was optimistic that working with relevant parties and my constituents through the legislative process we could produce a better bill. This legislation contains proven free market principles like tax relief and regulatory changes that will move our economy forward helping to mitigate the pain on Main Street. While this bill continues to contain a number of provisions that I oppose, I believe we are at the end of the legislative process and action is required.”
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OK, so he understands it’s an "economic Pearl Harbor," but he didn’t feel like shooting back at the Mitsubishis on Monday. Now that the plan’s been beefed up with lots of fixin’s, so it’s not $700 billion, but $810 billion — more than I make in a year, for those keeping score at home — he likes it. Of course, he covers himself on that, with his airy "While this bill continues to contain a number of provisions that I
oppose, I believe we are at the end of the legislative process and
action is required."
So glad we’ve got your permission now, Gresham. Can we get on with the saving-the-country thing? Thanks.
When that vote is over, I think we should have a recount on that "10 most beautiful people on The Hill" thing. Brecke Latham, of his staff, absolutely. But her boss? I think not.
Maybe I’m biased on that, though. It’s possible.
He should have just admitted that he changed his mind. Now he just sounds/looks flaky.
The House should not consider the version that the Senate piled a buch of unrelated legislation in. Doug Ross, I think, pointed out all the pork that was added in the Senate version.
Every legislator should follow the K.I.S.S. principle in solving this credit crisis.
Keep It Simple Stupid!
The House should reject the Senate version and amend what they originally rejected with both Republicans and Democrats participating.
Perhaps keeping the upping of FDIC insurance from $100,000 to $250,000 should remain.
Fixing the AMT needs to be done, but that can be done in separate legistion, as well as disaster relief.
But how the hell does the excise tax on children’s wooden arrow shafts related to fixing this credit crisis? What idiot legistlator put that in? What lobbyist put that in for what client?
Here’s an interesting article about the bailout in the Greenville News.
http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20081003/OPINION/810030339/1008
Enjoy!
Apologies for the bad link. Just click on my name to see the article. (New to blogging…)
Not your fault. Typepad certainly doesn’t make it easy. The simple act of including a link in a comment (which is so fundamental to what the Web is all about) shouldn’t require arcane knowledge; unfortunately, it does.