The clown Congress strikes again.
This government bailout plan would have been passed days ago if the Democrats hadn't been playing class warfare games. Here's the latest joke:
Democrats in the U.S. House of Representatives are pushing for a new Wall Street tax that would cover the potential costs of a $700 billion bailout being negotiated by Congress and the Bush administration.The current crisis was caused by financial institutions running out of money and going bankrupt, and for some reason Nancy Pelosi wants to raise taxes on financial institutions? That's totally insane.
U.S. House Speaker Nancy Pelosi, speaking to reporters after a meeting with fellow Democrats, said the fee could be assessed after five years if the non-partisan Congressional Budget Office determined taxpayers had lost money in the bailout.