It has come to my attention through FreedomWorks that our own Sen. Cochran has voted along with three other Republicans and the Democrats to allow Obama and the IMF to use our tax dollars to bailout Greece and other European countries. Right now the offer on the table is for $145 Billion! And there will be more to come if we keep supporting these failing countries. We must stop this madness.
Today, Senate Democrats and four Senate Republicans voted against S.AMDT.501, offered by Senator Jim DeMint (R-SC), which would have restricted the IMF’s ability to use U.S. taxpayer money to bailout foreign countries.
“Those voting against this commonsense amendment are supporting a Euro-TARP bailout and shielding critical nominees to IMF from accountability,” said Senator DeMint. “For years now, bailouts have become the preferred option for dealing with irresponsible actors in our government and financial systems. Mortgage bailouts, auto bailouts, and bank bailouts have not improved our economy or job prospects— TARP was a waste of taxpayer funds at home, and a Euro-TARP is an even worse idea. Bailouts are a bad solution made by those who want to avoid the tough, necessary choices required to produce a balanced budget.”
I know Mississippians are familiar with the fact that there isn’t an earmark Sen. Cochran doesn’t like; and though I don’t support earmarks at least that money is spent here at home. I appreciate Sen. Cochran and admire his service; but, I cannot for the life of me understand why he is willing to spend our tax dollars to support the failed policies of European Socialist countries. Wait! When I read the first sentence of this paragraph I do understand why he is doing this!
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