November 14, 2008

There is a lot of frustration to go around over the way the funds are being used by the financial institutions after the bailout was approved. Even Neil Cavuto is getting into the act. He didn't even have to do too much to make Chris Cannon (R-UT) look like a buffoon. Mentioning the name of Barry Goldwater isn't much of a defense. He complains that there isn't much of an oversight staff to keep an eye on the bailout. Then sucks up to Cavuto (his words). Then says that actually Paulson is keeping a good eye on it and tries blaming Democrats:

Cannon: If Steny Hoyer is still listening, we need more oversight staff in Congress. That's something that is vitally important.

Cavuto: ...but didn't you know this when you voted for this?

Cannon: Sure I did.

Cannon: We have congressional oversight, and if I can blatantly suck up for a minute, we have you. In fact I love your program. You let reasonable people talk and develop their ideas and you let unreasonable people... when that happens you sometimes ask these puncturing questions.

Cavuto: Wouldn't it have been a reasonable assumption to assume that before anyone approved this package that the I's were dotted, that the T's were crossed and there was someone looking at that?

Cannon: There are people looking at it, in all fairness.

Cavuto: Who?

Cannon: Hank Paulson has done a great job.

Cavuto: Hank, Hank just changed the rules, Congressman, he just redid...

Cannon: Well of course he changed the rules.

If we have to depend on talkies like Cavuto to watch the store ... we are in big trouble. Right-wing talkers already broke the store by never doing anything when Bush was in power. And this man is in Congress.

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