Apparently, some in Congress thought we spent their August recess chanting “Bail, baby, Bail.”
“The Club for Growth urges all members of Congress to vote “NO” on any bill that includes funding for the loan program designed to bail out automakers. This key vote will be part of our 2008 Congressional Scorecard.”
“On the face of it, this bailout is fiscally irresponsible. But even worse, it would continue a very dangerous trend of socializing the risks inherent in a free economy.”
The tough thing about rolling down this track is that taxpayers don’t see this wasted money coming out of their own pockets. All the more reason to do away with automatic withholding of payroll taxes. If more people had to write checks to the government every month, they would be more inclined to care where the money ultimately went.