Senate Votes Support Hundred Billion Dollar Bailout of International Monetary Fund
Defeated amendment offered by Senator DeMint (R-S.C.) would have striped out bailout for foreign banks and governments by the US taxpayer.
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Contact:Adam Brandon
(202) 942-7698
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Washington, DC - Although the United States is drowning in debt, the Senate voted to included a $108 billion bailout for the International Monetary Fund (IMF) in the recent passage of S. 1054 - the 2009 Supplemental Appropriations Act. Senators voted 64-30 to reject an amendment offered by Sen. Jim DeMint (R-S.C) that would have prevented the waste of billions of taxpayer dollars. Those who voted against the amendment voted to irresponsibly bail out foreign banks and governments at the expense of the American taxpayer.
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The administration might claim that the money for the IMF is only a loan, but it still puts American taxpayers at risk for actions taken by the IMF and the countries to which they offer bailouts.
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This is incredible. We have had moderan day Paul Reveres, such as Ron Paul, but I think we are too wicked to listen and take action.
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I watch those around me. The things that make them happy: American Idol, YouTube, parties...are still ongoing sources of pleasure...so they really have no clue about what is happening around them...nor do they want to know.
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That makes it frustrating for me because I'm trying to educate them. I suspect, at the right time, people will want to know.... and we are very close to that time.
