Hey Look! Ironic Johnny being a hypocrite, again!
If only the stimulus would bailout crappy RR companies, maybe ironic Johnny would get behind it
John wants to end TARP even though he was all gungho about it when his best buddy GW pushed for it;
Thune voted for the bank bailout bill last year that then-President George W. Bush pushed Congress to adopt as Wall Street institutions started to fail. Now Thune is leading the charge to end TARP, saying the Obama administration has used the money in ways that Congress never intended by buying stakes in banks, financial institutions and automakers.
But now that a Democrat is running the show, it can’t be helping;
Thune’s criticisms come as the once-moribund economy shows signs of life: The stock market has risen since mid-August; banks are stabilizing; the rate of job losses, while still steep, has begun to moderate.
A report issued Wednesday by the Government Accountability Office, Congress’ watchdog arm, found that states have been using billions from the stimulus program, officially known as the American Recovery and Reinvestment Act, to ease budget shortfalls, expand medical coverage and undertake about 7,000 highway projects over the past six months.
Yeah, kind of sounds like the stimulus isn’t doing shit, huh John, accept of course helping Americans on domestic projects instead of building bombs to blow up foreigners. I wonder if John would support the stimulus if it would help dying RR Companies?
That hasn’t stopped him in the past from seeking federal aid for items and issues benefiting his home state, such as safety on Indian reservations, water projects and weapons systems.
Hyp, Hyp, Hypo . . .
Ken Blanchard, a political science professor at Northern State University in Aberdeen, said it’s only natural, and politically important, that Thune would fight to steer some taxpayers’ money back to South Dakota.
“There’s clearly a risk in doing that because it makes you look like a hypocrite. The only thing worse would be not doing it,” Blanchard said