Sep 25 2008
Enough!
Enough of this. I am going to rant, so if you wish not to read it move on. I say to all politicians stop, enough! This entire meltdown is your fault period. You may not have pulled the trigger, but it was you Barack Obama, Barney Frank, Christopher Dodd, John McCain, John Boehner et al, who created this entire situation.
Politicians are playing the American voters as fools. They are using fear and irrational thoughts of the voters as their reason and the law as their weapon. They pass laws under the disguise of being fair, understanding and caring. After pontificating about their own greatness, they walk off the stage and stuff their wallets with money generated by a system that shutdown with each piece of legislation. We have no invitation to this market and the gang in Washington wants it that way and their cohorts in New York are using it.
Nothing will be solved by this bailout package, it will only close the market tighter, leaving us looking in, while they continue to get rich. If you have any doubts take time to explore the personal wealth that many congressmen are building while making a relatively small income while living in one of America’s most expensive cities.
As for John McCain suspending his campaign, come on Senator get out there and debate Barack Obama and stop using us as your reason and demonstrating your greatness.
2 Responses to “Enough!”
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Not for nothin’, but you excluded Phil Gramm from your fault list. Gramm, almost more than anyone aside from Greenspan, holds the biggest bucket in this mess. Gramm-Leach-Bliley was tacked onto a must pass bill in the closing weeks of the 1999 legislative session. At the time, the GOP held both the House and Senate, and threatened an override if then President Clinton vetoed the bill. GLB effectively eviscerated Glass-Segall, which prevented banks and the markets from doing exactly what they’ve done. Even Ari Fleischer can admit this, and he’s a shameless party hack. This is a result of a nearly 30 year old philosophy regarding government’s role in economics that has proven itself a failure in every aspect save one: if you’re stupid rich, you’ll get to keep your money.
Bush/McCain Economic Philosophy: Privatize Profits, Socialize the Expense
Thank you for tossing in another name, there are so many I cannot include them all But, the entire comment fell apart with the Buch/McCain Economic Philosophy…You may be correct, but Obama’s is no different…Enslave the public for the government.