Tuesday, February 3, 2009
Legislature / Politics / Woods Mumpower Suggests Spurning Budget Bailout
Posted by Jeff Woods on Tue, Feb 3, 2009 at 1:43 PM
Jason Mumpower today gave us all reason to be thankful he's not speaker of the House. At the monthly meeting of the GOP's First Tuesday club, Mumpower suggested that, like Mississippi Gov. Haley Barbour is talking about doing, Tennessee ought to turn down the billions of dollars in federal bailout money that's headed our way. Here's Mumpower:
I've got a TV in my office and I'm been watching a little bit of what's going on in Washington. They've got a little bit of a bailout mentality up there. I certainly have an uneasiness about it because I think we know that you either pay today or you pay tomorrow. There's not a free ride. There's no such thing as a free lunch. So I want to be sure that if a bailout does come down to the state of Tennessee and every other state in the union that we manage ourselves in this state accordingly so that we don't take advantage of something this year that makes our problem much worse next year and the year after that.
An audience member asked, "What discussion has there been in the GOP caucus about refusing the bailout? Sending it back?" To which Mumpower replied:
Um, we have not been together as a caucus in a couple of weeks because we've been in a recess. But I can tell you that a lot of my friends in the caucus share your feelings. The bailout at best is a temporary solution and it can cause bigger problems. You know, if we get this money and if we just keep spending at the rate we've been spending because we have some bailout funds, then we've just dug the hole twice as deep for next year and maybe three times as deep for the year after that. So whether we get bailout funds or whether we don't, that doesn't mean we can spend money like drunken sailors, no offense to drunken sailors. We have to be responsible, and we have to make some real reductions.
We've got an idea. Mumpower should put it up for a vote if he feels so strongly about it. Show us how things have changed with the new Republican majority.
Comments (4)
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The problem is the horn-honking hillbillies might just rear up and support Mumpower. The Valentine-Gill lemmings might just be goofy enough to push this kind of craziness across the plate in a triumverate of ignorance with Mumpower at the shining head. (Couldn't resist the metaphor, sorry.)
We could be in the HOV lane honking our way past Barbour's Mississippi shangri la and then it's "Look out, Puerto Rico!"
I'm beginning to fear the depths of retardation my beloved state could reach. We seem to be in a whirlpool of sewage heading ever faster down the tubes.
Ultimately, I'm torn. I love Tennessee and would like to us prosper with "intelligent" life forms at the helm.
The partisan, evil side wishes all success to Mumpower's rise. Rational thinking folks would rise up and kill the ignorant leadership and the state could move forward.
Alas, that model certainly didn't work in the 2008 presidential race in the Volunteer State.
But wait - if the democratic leadership were to be all white! By God, it could work!
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What bailout is Mumpower talking about? I think he's confusing a bailout with a stimulus - not the same thing at all.
A stimulus funds infrastructure repair and development and other reinvestment and growth projects, puts people to work and gets money moving in the economy again as working people use their wages to pay for the goods and services they need.
A bailout is simply handing money to various segments of society to save them from their own bad decision making, with no real impact on the economy at all.
A stimulus is pro job-growth and pro-worker. A bailout is legalized robbery for fatcats.
I guess sucking off the government tit is the preferable method of living these days.
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