|
i am fascinated by what is going on right now politically, and even more fascinated by the spin...
As to the bailout: No, no, never, shouldn't happen. Let the markets crash, and readjust. bailing out the markets will only prolong the inevitable. the claim that we the taxpayers are somehow going to benefit from paying the government 700 billion dollars is a pie in the sky fantasy. not going to happen.
What really happened...
we have two men who are running for president. One was willing to suspend his campaign and go back to washington to deal with the crisis at hand. the other had to be drug there kicking and screaming. once there, he "took control" of the meeting between leaders of both parties, and then swiftly crashed the meeting by not being informed.
Now the spin...
McCain is accused of destroying the meeting, even though all observers said he didn't really say much, other than we need to put aside differences, and come up with a solution. It has become a dem. talking point to say he has disrupted the deal that was set in principle, though house republicans claim there was no deal. Now, you may think that the republicans are lying to help mccain out, but that is ludicrous considering that they don't support mccain. They are trying to force the conservative solution, which excludes the idea of stealing $700 billion from american tax payers. Obama is now saying he is still going to work "from afar" and "by phone", which is exactly what I want to hear from my leaders..."I'm just gonna phone it in this time..."
also in the spin...
the bush administration is catching all the blame for the present economy. they certainly bear some of the blame, as they have not corrected the problems installed by the CLINTON administration. remember how good you had it under clinton? now you are paying the piper. Clintonites don't want to accept it, but it was the democrats who forced financial institutions to give out loans to people who could not prove that they could repay. they forced banks to give loans to low and mid level home buyers because it wasn't fair that only "rich" people could buy homes. Now, those "sub prime loans" (remember, they were forced on the financial institutions by the clinton administration) are defaulting. imagine that, give money to people in adjustable rate mortgages that they cannot pay if the interest rate goes up even a couple of points...did anyone think the interest rate was never going to go up? the truth is, clinton helped a group of people get something that they couldn't afford, and set it up so that they could keep it until he was out of office, and he didn't care what might happen when he was done with his terms...
some have accused the republicans of being "socialists" for pushing the bailouts. Number one, only the president and more fiscally liberal republicans are supporting the bailout. if you are paying attention, it is the house republicans that are doing their level best to block this bailout. it is the democrats who want the bailout now! it is not the conservative, house republicans who are socialists, but rather the democrats who are showing this socialist streak once again! btw, Bush's fiscal irresponsibility has been one of my biggest complaints...he has spent like a democrat (and yet the dems still don't like him, go figure).
folks, there is plenty of blame to go around in this financial problem. but i am tired of hearing that mccain and the republicans are "politicizing" the problem, when it is really the democrats. chuch schumer has spent more time on tv blasting mccain in the last 48 hours than he has working on a solution (which is probably better, since everything the man touches is a disaster). Obama has been crying about mccain "politicizing" the issue, while he uses it as fodder for his own campaign and for promoting a FOREIGN POLICY DEBATE. now, it may just be me, but if he can't even keep the topic straight, he has greater problems.
this issue has certainly been politicized, just not by the mccain campaign, as the predominate obama supporting media have been trying to convey.
|
