His second amendment to Obama’s tax increase bill was even more pointed: “I have a second amendment to this bill that would take all of this money, all of these loans that they're giving to their buddies, the Solyndra loans, the Fisker Karma loans, the First Solar loans, all of this money that is being dispensed to people who are large contributors of the President; we would take that loan program and eliminate it. When we eliminate that loan program, we would save nearly $30 billion.”
“So let's take it from an area where it is prone to corruption and where it is prone to a conflict of interest, these alternative-energy loans that seem to be going mostly to the President's friends and political campaign contributors,” said Sen. Paul. “Let's take that money and put it to repair the bridges and to pay down the debt.”
Sen. Paul suggested to his constituents—and all Americans—that when they go to the gas pump and find they are paying more every day for gasoline, they need to realize where the responsibility lies. “The responsibility lies with those who are running up the debt. And as we pay for the debt, we print new money. Your gas prices rising means the value of your dollar is shrinking. That's why your prices are rising. You need to realize who is to blame for your gas prices,” said the senator.
Concluding, Sen. Paul suggested that the Democrats should retitle their bill: “The bill to raise your gas prices." The president’s proposal failed in the senate.
Sen. Rand Paul Introduces Amendments to Lower Gas Prices - 03/27/12
Louisville.com's The Arena section features opinions from active participants in the city's politics. Their viewpoints are not those of Louisville.com (a website is an inanimate object and, as such, has no opinions). The Arena is read by more people in Louisville than in any other city in America. Photo credits: Fisker Karma, Solyndra, peoplescube.com, WikiMedia, creativecommons.com. This article was written entirely from recycled electrons.
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