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Published: October 9, 2008
In response to questions surrounding why Congressman Tim Mahoney voted in favor of the House bill providing a record bailout to the financial institutions, Mahoney replied: "This really was more about Main Street than it was about Wall Street, and what a lot of people don't realize is the interconnectivity between the two, and that's something that was lost on some of my colleagues."
Is that what it is all about? Here I thought it was about Mahoney coming to the rescue of his special interests buddies, Freddie Mac and Fannie Mae, from which he has received thousands and thousands of dollars worth of campaign contributions. I guess he forgot to mention that in all of his quotes and interviews, but I can see what he means about this not having to do with Wall Street. I mean who would want to talk about how they are deep in the pocket of special interest groups?
Seeing as he has a seat on the Financial Services Committee, if Mahoney really cared about the citizens and Main Street, he would have actually used his position to demand some sort of oversight and leadership that would have foreseen this financial crisis and acted proactively. But again, I don't read any such statements from the congressman. I guess he expects his whole theory of bailouts and no accountability to extend to him and his past two years of laziness.
Richard Burbick
Sebring
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