By Julian Dunraven, J.D., M.P.A.
Honorable friends:
From what I have been reading, I doubt there are many people left in this nation, outside the District of Columbia, who still believe that the TARP bailout was a good idea. Despite this, only a few members of the Senate have shown courage in representing the people against this horrendous and immoral plundering of our country’s wealth. Sen. James Inhofe (R-OK), along with Senators Barasso (R-Wyo.), Wicker (R-Miss.), DeMint (R-S.C.), Lincoln (D-Ark.) and Enzi (R-Wyo.), have cosponsored legislation that would halt the second installment of the $350 billion bailout.
They face tough opposition, however. Obama, backed by House Speaker Nancy Pelosi and Senate Leader Harry Reid, has demanded that Congress release the money to the incoming administration. Obama has threatened to veto any attempt Congress makes to withhold the money.
The U.S. Senate is due to vote on the issue this afternoon. Many people have told me that they feel helpless to prevent what seems to them to be inevitable. It is not. Sen. Inhofe and his allies are committed to fight it, but Inhofe has asked for the help of the people. All it takes is a few moments to find your senator’s web page, type a quick objection to the bailout, and e-mail the message. The Senate needs our help to stand up against this pressure, but it can be done.
Already, CNN reports that Republican senators, anticipating that Obama will get the money, are asking his administration to promise that he will only use it on the financial industry, and not alter the purpose—for the auto industry for instance—as the Bush administration did. There was a time when such a request would have been silly. The Constitution, after all, prevents a president from altering legislation to his whim—he is charged merely with enforcing it. Yet, today, Congress must beg the president to even follow the laws they pass. As Sen. Inhofe has stated before, and I have echoed, our Republic is in dire straits.
If we are unhappy with this state of affairs, then it is up to us, the people, to correct the government which should be answerable to us. It is our responsibility to defend the Constitution and to make our will known to the spineless and feckless fools currently sitting in Congress that we do not want more money to go to these bailouts. It is not hard, and requires only a few moments, and a few clicks of the mouse. I hope you will all join me in answering Sen. Inhofe’s call to contact our senators, and to send them all but one powerful word: “NO!”
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