[StBernard] Other Countries Don't Deserve a Bailout with Your Tax Dollars

[Westley Annis]

Dear  Friend,


	

As our economy  struggles and we build massive amounts of debt from bailouts
of Wall Street and  the automotive industry, the Obama administration and
Washington bureaucrats  want to expand taxpayer bailouts - now to  other
countries around the world.

	

The  Obama administration has proposed a ten-fold  expansion - from $50 to
$500 billion - of an  emergency international fund that loans money to bail
out troubled countries  like Sudan, Pakistan, Ukraine and  Takijistan, as
well as potentially other countries with questionable  allegiances to the
United States.  

	

We would have to  borrow another $100 billion from China to bail out these
foreign countries.  This makes no sense when we are already  facing record
debt and millions of Americans continue to struggle with  employment here at
home.  Worse, we  have no clear indication that these struggling nations
will ever be in a  position to pay back these loans, creating even more
unneeded strain on  America's fiscal stability.

	

American  taxpayers already see a generous amount of their hard earned money
being lent  to foreign entities each year in the form of other foreign aid
like that which  goes to the United Nations.  We shouldn't be asked to put
the rest of the  world's struggling economies on our backs while we face our
own economic  challenges here at home.

	

The Obama  administration's strategy to get this funding request passed into
law is to  attach it to the emergency war funding bill that will be debated
in the U.S.  Senate this week.  I'll be working  with other concerned
senators to fight to strip this provision, which frankly  has nothing to do
with the continued funding of the mission of our brave men  and women
defending our freedom abroad.


Sincerely,
David Vitter
U.S.  Senator