MzMia
Posts: 5333
Joined: 7/30/2004 Status: offline
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quote:
ORIGINAL: DarkSteven quote:
ORIGINAL: slvemike4u As far as the speech tonight,the one point that struck me is he insists the bailout is necessary and must be done now,than we can look at regulations needed to avoid this sort of disaster,shouldn't the regulations be tied to the bailout? Of course they should be. Bush has destroyed a lot of what the GOP stands for. They used to be fiscal conservatives, and he's blown through money ridiculously, after Clinton handled the economy well. They used to be isolationists, and he's attacked countries and threatened them willy-nilly. About all left is deregulation. Reagan promoted it and consequently it's almost a sacred precept. If Bush allowed deregulation to die, the GOP will be left almost without an identity. That said, the public is howling furiously now. If a bill went through giving $700 bil to fix the finance companies' mistakes without some kind of pain for the top execs who engineered this mess, incumbent pols' heads will roll. And regulation will be imposed, and not later either. President Bush/Dick Cheney legacy? pillage and steal If Obama attempted to do half the things these 2 have done in the past 8 years, he would have been run out of town. Oh, I digress, let them em cake! I love reading Crooks and Liars.com. At this point, why not just give President Bush/Dick Cheney all the money they and their Administration can carry and let them leave early as an early severance package? Crooks and Liars » Isn’t it interesting that President Paulson asks for $700 billion at the end of Bush’s term
< Message edited by MzMia -- 9/24/2008 9:16:44 PM >
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