No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

Apology to Paul Ryan

by @ 20:56 on March 20, 2009. Tags:
Filed under Economy, Politics - National.

In case you missed it, I pretty much called my Congressman, Paul Ryan, out for his vote on the 90% TARP tax. I had the fortune of running into him tonight at the Racine County Lincoln Day dinner, and he explained the plan behind it. The short version: because the House Republicans realized they couldn’t stop it in the House, they let the Dems win this round. There still is the (theoretical) stoppage in the Senate, partly because there is a different plan in the Senate, and partly because there is the (theoretical) chance of actually filibustering it.

It is also a message to companies that might otherwise want to jump on or stay on the Bailout Train – don’t trust Congress.

Since I didn’t have a chance to mention it at the dinner, I apologize to Rep. Ryan for the blasting.

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