

Rep. Paul Broun has already told us through his congressional press office why he voted against the credit market bailout.
Fond of food comparisons, Broun drew ridicule from Conan O’Brien and John Stewart by comparing the first version of the bill to a cow patty with a marshmallow center – kind of like a grosser moon pie – then to something that includes raisins, yet is not a cookie (bread pudding, perhaps?).
In a Friday press release, he even quoted a psalm – “Weeping may endure for a night, but joy cometh in the morning” – in defense of his vote.
Broun, sadly, didn’t include any Bible quotes or snack references when he blasted another justification Monday for opposing the bailout, this one coming from his re-election campaign.
Broun laid blame for the bill at the feet of both the Bush Administration and the Democratic leaders who control Congress, making no mention of the Republican leaders who whipped votes or Saxby Chambliss and Johnny Isakson, who voted in favor of the bailout in the Senate. He also made one minor error, claiming that five Georgia Democrats initially voted against it when only four did; Reps. Sanford Bishop and Jim Marshall supported it last Monday.
“The reaction of the American stock markets and of world markets to the passage of this bailout plan has not been positive,” he said. “They have declined, and this is no different from what the experts told us would happen if Congress did not pass the plan.
“I sincerely believe that instead of taking time to do the right thing Congress got panicked and pressured into doing the wrong thing.”
Broun is right about the market continuing to tank, and time may prove him right on other counts as well.
His other points include:
• The bill was unconstitutional (of course, what isn’t?).
• It “(sent) the fox to guard the henhouse” – it included no accountability or punishment for Wall Street executives.
• Only one option was presented; no alternate plans could get a vote.
• The bill passed Friday was even worse than the one voted down Monday because it includes pork-barrel spending.
• The final price tag might exceed $700 billion (I don’t think that’s the case. Congress must approve any spending over $250 billion).
• A lot of people called and e-mailed him who opposed it.
• The bill did nothing to fix deep-rooted problems in the mortgage and financial system.
“The chickens have come home to roost,” Broun said, perhaps unintentionally quoting the Rev. Jeremiah Wright. “It is a perfect example of how the “good intentions” of liberals creates negative outcomes.”
- Blake Aued's blog
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Wasn't it Clint Eastwood
Wasn't it Clint Eastwood that made the Moonpie comparison?? I know it was during the interview, but can't remember who said it.
Hmmm
As much as I appreciate Broun's financial insight. I can't really trust any "sage wisdom" from a guy that couldn't pay his taxes, keep a campaign in the black, balance an office budget, pay child support, or run a successful practice without filing for bankruptcy.