From Chuck Muth's News & Views e-letter:
SO WHAT WOULD YOU DO, SMARTY-PANTS?
A number of readers have written emails along the lines of "OK, it you don't like the $700 billion Bush/Paulson/Pelosi taxpayer bailout, what's YOUR solution." Fair enough.
First...stop and take a deep breath. Fools rush in where conservatives fear to tread. Don't rush to pass a bill for the sake of doing "something." That's how we got the Patriot Act and the moronic TSA which confiscates your toothpaste before you board a plane.
Secondly, give conservatives a chance to fully assess the situation and provide alternatives...something already underway.
Grover Norquist of Americans for Tax Reform has come up with some suggestions. The fiscal conservatives at the Club for Growth have come up with some suggestions. Newt Gingrich is planning to unveil a plan today. And the conservative members of the House Republican Study Committee have even more ideas.
Let's wait and see ALL our options and alternatives before Congress does more harm than good in fixing a problem with $700 billion taxpayer dollars that Congress created in the first place.