To borrow a page from the great Dennis Miller, this is going to be a bit of a rant.
In this horrible bailout mess - one thing scares me more than the actual financial turmoil. It's the fact that Capitalism is once again taking the blame for something that was in fact caused by government intervention. By the government endowing organizations like Fannie May and Freddie Mac with special powers this artificial housing bubble was created and billions were invested into the housing market - that would have otherwise been invested elsewhere.
It doesn't matter that Fannie and Freddie were not truly free market - but a hybrid public / private monstrosity. The fact of the matter is that the private sector and the principles of free market capitalism are taking the blame.
The answer as always is tighter controls, more regulation, more government intervention and less freedom. Another major win for the proponents of socialism. That fat turd Hugo Chavez has stoppen munching on that chicken drumstick long enough to say 'I told you so'. He boldly proclaimed that:
“Socialism is the only route to the salvation of the world.”
After that he put down the chicken drumstick and plunged his rotund face into a bowl of beet soup and was not heard from for the rest of the evening.
As much as I'm a staunch conservative - even John McCain disappointed by saying he planned to create a new government body that would add an additional much-needed layer of oversight. Brilliant! Because those first 15 layers of oversight didn't see this thing coming, I'm sure this 16th layer will catch all.
In the presidential polls McCain is leading in foreign policy, but overwhelmingly they show that Barack Obama has what it takes to create a strong economy. I need to ask this question to the readers because I have absolutley no clue. How did the democrats get the credibility in the economy? Did we actually cross the threshold where the general populous believes that socialism creates more prosperity than economic freedom? How on earth did they pull this over on the public - how did a US majority choose serfdom over freedom?
How did the left manage to convince us that individual power (private) was evil and government power (public) was good? The very foundation of the United States itself is upon that exact principle that the individual's rights were to supercede that of the state. The constitution was a document designed to subordinate the state to the will of the individual - not vice versa. It saddens me that people have become indignant to those who would excercise individual freedom. They have been hoodwinked into believing that public means "us" and "private" means them when in fact - it's the other way round.
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I have always heard that Republicans are supposed to be all about small government and free market capitalism, but I have never seen it in my lifetime. Bush has done nothing but restrict freedoms and increase government regulation and spending. McCain is sure to do the same. Obama may be a Democrat, but he is an intelligent, logical individual, and I believe he will make better policy decisions than ANY of the politicians who are currently calling themselves Republicans.
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