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Seems every week our Congress Critters have found a new way to flush a couple hundred billion down the toilet.  Give them access to an endless (at least in their world) pile of money, they\’ll find a way to spend it.  And it\’s usually to try to force the taxpayers money to be spent on whatever THEY want, rather than what we want.  And of course they have to factor in the usual pork.

Well Texas Republican Congressman Louie Gohmert has an even better idea.  Neal Boortz explains it in detail, but basically here\’s the idea.  There is about $350 billion left in the bailout to be spent, and the government takes in roughly $167 billion in taxes each month.  So rather than have politicians give out cash to their campaign supporters, even if those companies are doomed to fail anyway, let the taxpayers do it.

Basically that $350 billion represents about two months worth of taxes, so the govt would just absorb that cash and instead stop collecting taxes for two months.  Then the taxpayers can take that extra cash and spend it on whichever companies THEY deem worthy.  As an added bonus, the extra money goes to those who are actually driving our economy by working and contributing taxes. Like I said, Neal Boortz has more details but that\’s the gist of it.

Help let our Congress Critters know you support the plan by signing on here.  Also call up your Senators and Representative and let them know they should support the Gohmert plan (HR7309).  And a very hearty thank you goes to Rep. Michelle Bachmann, who is already a co-sponsor.

You alternative is this piece of shit Automakers Bailout Bill.

[Crossposted at True North]