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    Posted October 2, 2008 by
    MikeHouston |
    Location
    Houston, Texas
    Assignment
    Assignment
    This iReport is part of an assignment:
    Bailout outrage

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    Would you bail out Enron?

    By MikeHouston  |  Posted October 2, 2008  |  Houston, Texas
     

     

    Would you bail out Enron "to save the economy"?

     

     

    I wouldn't either. 

     

     

    Then why bail out our "troubled" financial institutions?  We will be far better off to have cancerous cells removed from our financial system than retained.  The very idea of the bailout bill to "ensure the ability to lend" for financial institutions that are troubled because of terrible lending practices in the first place is preposterous.  And to add insult to injury, the "new and improved" bailout bill, passed in the Senate, proposes to use more, not less, of taxpayers' money! ("I have cut this piece of wood twice, and it's still too short!")

     

     

    Please, contact your House Representative NOW and express your strong opposition to any bailout bill - particularly the latest one.

     

     

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