Congressman Paul Ryan (R-Wisconsin) is a long time supporter of the Health Savings Account program. A long time friend of the free market economy this latest bailout bill would seem to go against his very nature, but to let the market collapse would be the bigger crime. The Wall Street Journal with the write-up.
Mr. Ryan, perhaps the free market’s truest friend in Congress, earlier this week voted to help rescue that free market. He hated the Paulson plan, but hated more the economic crash he is convinced will follow inaction. And in casting his “yes” vote on Monday, he knew what was coming: “The easiest thing would be to vote no and go hide in my office and watch the markets collapse. I will suffer politically for this, but I will sleep at night.”
It’s one thing to know you are right, it’s another to do what’s right.