The Senate passed their "cupcake" version of the bailout bill.
Both Kansas Senators voted no. That brings the Kansas tally to 5 out of 6 Congressional representatives voted against. The lone dissenter, Dennis Moore, is the 3rd District representative. Below is an email he received less than ten minutes ago.
Thank you for reading this email. I would like to encourage you to change your vote from "yes" to "no" in the upcoming House revisit to the bailout bill. All other Federal Congresspersons (Brownback, Roberts, Tiahrt, Boyda, and Moran) from Kansas have acknowledged that the people of Kansas by and large are against this bill, and have voted based on the people's opinion.
Now I am no professor of economics, and I acknowledge that I may not understand all the pro's and con's to the bailout bill nearly as well as a Congressperson with a cadre of economic advisors, but I do know that an elected representative of the people should weigh their own judgement equally with the mass opinion of the people that Congressman represents. In case of conflict, the smartest thing to do in regards to reelection is to side with the people and let your own opinion be damned.
I know the 3rd district is very different economically from the other districts, but I know I speak for many of my local peers, coworkers, and friends when I say we are HIGHLY skeptical of the bailout, and we believe in our hearts that the American economy might be hurt, but won't be killed if the bailout fails. Failure of the bailout bill, and the ensuing economic hardship (should it even occur) will teach all Americans, from the top to bottom, the importance of fiscal responsibility and the importance of not trying to make fast money in bubble markets.
Finally, as you are a Blue Dog Democrat (I am a fiscal conservative democrat myself) I believe voting against the bailout bill most aligns with the Blue Dog value system: fiscal conservativism and accountability.
Passage of the bailout bill will promotes neither of these values.
Thank you for your time.
Thursday, October 2, 2008
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