I relate this to giving children medicine they don’t like but is good for them. I don’t think anybody likes this bill. But if they don’t take their medicine, and they continue to get sick they might have to go to the doctor or the hospital.

What’s at stake here today, what could happen to the market if we don’t pass this –as I understand it the Asian market is 4% down already, people have already lost the value in their retirement, they’ve already lost value in loss of jobs - and I don’t believe that we can go on without passing it.

Now what our mission is now is to say that this is not bailing out Wall Street, this is really an investment into America, so we can unclog the arteries and let the banks start lending money. If we don’t let the banks start lending money then small businesses aren’t going to have lines of credits to pay employees and employees will be laid off.

This is a very serious issue and I think we need to put our idealistic right-wing, left-wing, conservative, liberal issues aside and come together as a team to do what’s right for America. And I feel based on research, on listening to economists who are for and against it, my conclusion is we cannot afford not to pass this or take a gamble.

The initial bill was not a good bill. It was an open checkbook and we’ve changed that. We have accountability in it now and we’ll make sure that these banks we give money to have to help the little guy, they have to work with those mortgages, they will do things such as maybe give them a 50-year mortgage instead of a 30-year mortgage, they’re going to buy into this and we will have control over that and that’s going to help our constituents.

I’ve been in politics over 20 years and you serve your constituents and you listen to your constituents but you also have to be a leader and right now I’m doing what’s right to pass this. I’m very concerned what will happen if we don’t – what will happen to our country, our citizens, our retirees, our children, and where we will stand in the world.

This entry was posted on Monday, September 29th, 2008 at 4:09 pm and is filed under Politics .