Both parties have agreed in principle to Paulson's buyout/bailout plan. That's because neither party has principles. Apparently the parties have compromised between a titanic, socialist power grab and an even more titanic, socialist power grab. Those are the only 2 choices the 2 parties ever give us. The big winners are the same government aristocrats who oversaw this disaster, all the socialists in government, and the big investors in the firms that were facing disaster. The CEO pay provisions are a ruse - the CEOs are generally the biggest shareholders, and they'll make out like the world's biggest bandits regardless of pay restrictions. This is the biggest reward for failure in history. The biggest losers are all of us.
Holy crap! Thank you John McCain for leading Republicans to break with Bush and his allies Democrats from the biggest socialist buyout/bailout in history. I keep saying that Barack Obama is the candidate who represents more of the Bush socialism, but even worse. Now McCain is finally driving that point home and doing the right thing for Americans. This certainly isn't the best plan, and I would prefer a better plan, but this is a tremendous repudiation of the Bush/Democrat/socialism agenda.
Religious groups invite Iranian President Ahmadinejad to honorary dinner. You've got to be kidding me.
Thursday, September 25, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment