Bishop believes the government needs to take some action, but he thought the approach was misguided and unnecessarily rushed.
"The solution needs to be more market-driven rather than based on taxpayer liability." Bishop said, "We are in a tough financial spot, and things could get worse fast, but Congress is acting too quickly based on what you've really got to admit is an artificial deadline." Bishop wants the amount of taxpayer money lowered from its current $700 billion cap, and he also wants Congress to bolster a provision that encourages Wall Street to buy government insurance instead of taking taxpayer cash.
I can live with that sort of thinking. So, I guess I'll have to vote for him after all.
1 comment:
Well, you can vote against both of your senators in the future. A shame that neither one is up for re-election this year.
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