Posted by
Defend America on Saturday, September 27, 2008 7:48:27 PM
I have been criticizing former Speaker Newt Gingrich for not upholding conservative values and principles, but lately on the bailout package he has been spot on. He has called for the bill if it ever does get agreed upon to be published 24 hours in advance online so all Americans can view what they will be paying for. Gingrich has called for the resignation of Henry Paulson and has harshly criticized President Bush for his support of the bailout bill. Over the last few days he has said many things that make conservatives happy:
- “I think it will be an engine of corruption.”
- “I think this is going to be a nightmare to implement and I
believe it is about as bad as anything I’ve seen in economic policy…”
- “This idea that we’re gonna buy the paper and some bureaucrat in
Washington is gonna be responsible for $700 Billion in bad paper… I
think is Socialism at it’s worst. I can’ imagine why this
Administration is doing it. I think it is profoundly wrong, and I hope
it is defeated if it comes to the Floor in this form.”
- “Let’s start with putting under oath some of the members of
Congress… I mean, Senator Dodd, who will presumably be helping write
this bill, was the largest single recipient of money from both Fannie
Mae and Freddie Mac… Senator Obama was second… uh, Senator Clinton was
the largest recipient from Lehman Brothers. Senator Obama was second. I
think Congress ought to also be under investigation. If… if we’re gonna
look at greed, let’s look at politicians, as well as the people who
gave to them.”
Thank you Newt Gingrich for standing up for conservative principles and opposing this monstrous bailout bill.