HolyCoast: "It's Not Your Money"
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Thursday, November 20, 2008

"It's Not Your Money"

The GOP needs to rid itself of congressman like this guy who doesn't even understand where the government gets its money:
A Republican congressman seeking a $25 billion bailout of the troubled U.S. auto industry made a stunning statement about taxpayer funds to benefit Detroit, claiming, "It is not your money."

Rep. Joe Knollenberg, R-Mich., made the remark during a discussion with Fox News anchor Neil Cavuto yesterday as the pair debated sending billions of federal dollars to prop up the Big Three carmakers.

Cavuto asked Knollenberg: "When the housing industry CEOs come to you and say, 'You know, [if] we go under and all the ancillary businesses – the dishwasher manufacturers, the washer-and-dryer manufacturers, the Lowe's and the Home Depots that vastly depend on our being alive and vibrant – if we go under, there's hell to pay. And then the textile manufacturer comes to you and says, 'If we go down, there's hell to pay.' And on and on and on we go. Where do you draw the line with our money?"

"It is not your money," said Knollenberg.

Cavuto screamed back, "It is! It is taxpayers money!"
Knollenberg is a fine argument for term limits for Congressmen. After they've been in Washington for a little while they fall into the trap of believing that the money the government spends is theirs, and not funds taken from taxpayers. Keeping House members to 3 or 4 terms at most would help cure that problem.

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