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Mario Diaz-Balart: "Major, major reservations"

Mario Diaz-Balart, who like his fellow members of Congress has been flooded with calls and e-mails from constituents, says he has "major, major" reservations with the rescue plan to be voted on in about an hour.

"We've gotten a ton of calls from people who are just very upset that we're in this position to start with," the Miami Republican said. "There's outrage and rightfully so."

Diaz-Balart says he's read and re-read the bill and is listening to the House debate, but has "serious reservations" about the proposal.

"I still have some major, major problems with it," Diaz-Balart said, adding that he would favor a plan that "requires Wall Street to put up its money first."

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NObama08

Congressman Jeb Hensarling (R-TX), Chairman of the House Republican Study Committee, today issued the following statement on the agreement reached by House and Senate negotiators on the Paulson plan, and his intentions on the final bill:

“My top responsibility as an elected official is to protect the families and people who trusted me to represent their interests in Washington. I do not take lightly the critical nature of the credit crisis that our capital markets face today and the grave situation that every American will face should our credit markets freeze and remain frozen. Inaction has never been an option, but the Paulson plan should have never been the only option.

“In my heart and in my mind, I believe that this plan is fraught with unintended consequences, would force generations of taxpayers to pick up the tab for Wall Street losses, and could permanently and fundamentally change the role of government in the American free enterprise system. Once the government socializes losses, it will soon socialize profits. If we lose our ability to fail, we will soon lose our ability to succeed. If we bail out risky behavior, we will soon see even riskier behavior.

d. taylor

To The Honorable Representative Mario Diaz-Balart:
As a true citizen of the United States and a resident of the State of Florida, I want to thank you for your vote against the Wall Street Bailout or otherwise called The Rescue Package. And for not caving into the pressure of the Corporate Elite and your fellow colleagues that threatened you with the sky will fall and there will be Martial Law imposed in this country if you do not pass this bill. You are a true patriot and representative of the State of Florida and the American People and I pray another term will be yours in 2009. Sorry to say the Representative in my area voted yes on the bill so they do not deserve my vote this next time around.
I also thank you for standing your ground and not being swayed by the sweetening of the bill with 150 billon dollars worth of pork by the Senate.
Needless to say Americans will see little if any of that 850 Billion. This is the biggest Ponzi scheme ever pulled on the American People. Congressman Ron Paul of Texas has been saying what the problem is ever since he took office, but he’s either laughed at or ignored. In a recent poll the question was asked to the American People who was right? 75% of those polled said by their vote Dr Ron Paul. Please support Dr Ron Paul when ever you can when he presents a bill that is good for Americans. We all need to keep the big picture for our Country (which is in big trouble at this time); not what is convenient for the present

Thomas Jefferson one of our founding fathers who saw the big picture said. “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
As another founding father John Quincy Adams said, “Duty is ours, results are God’s” FEAR NOT Because He’s got the whole world in His Hands! Sincerely, d. taylor vero beach fl

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