Article Image
News Link • Government

GOP: No more government bailouts

• Marketwatch
 Republican lawmakers on Tuesday gathered on Capitol Hill to promote their financial regulatory reform legislation seeking to expedite the bankruptcy process and create an independent trust to oversee American International Group Inc., General Motors and other large bank bailout recipients. "We need to end the bailouts once and for all," said Rep. Spencer Bachus, R-Ala. Bachus and other GOP House members expressed concern that the Obama administration plan and efforts under way by Democratic lawmakers on Capitol Hill to reform the financial system will enshrine a culture of continued bailouts.  

1 Comments in Response to

Comment by Found Zero
Entered on:

Are senators McCain and Kyl of Arizona on board? Because like, you know, the last time they voted FOR bailouts it was when republicans did it. This time as we well know, it's a democratic bailout which is bad, very bad indeed.

Right Lucky Red?

Join us on our Social Networks:


Share this page with your friends on your favorite social network: