In Which I Say Thanks to Rep. Fortenberry
I’m not one to heap praise on Representative Jeff Fortenberry, but in my opinion he deserves a pat on the back for his bailout vote:
...[T]he decision today was not a choice between action and inaction. Rather, it was a choice about whether to adopt a potential $700 billion dollar taxpayer liability to nationalize bad corporate debt or to consider alternatives that may be less costly, easier to implement, and fairer to most Americans who have no blame for this mess.
My only gripe is that Rep. Fortenberry didn’t note in his statement just how much pork was in the bill that eventually passed, including:
Sec. 503 Exemption from excise tax for certain wooden arrows designed for use by children.
There’s lots more [pdf].
The Comments
JT says Did Rep. Fortenberry present any October 6, 2008 at 1:36pm
Did Rep. Fortenberry present any alternatives to bailout that passed?