Bailout should be busted down
September 30, 2008 | Kent, Ohio | Vetting explained
Politics and anatomy explained.
A Republican administration:
Nutsy. Puts forth policies for considerable spending and
debt with emphasis on deregulation of the economy for companies to pursue their
own selfish ends as indicated in a free-market**economic system, which should be for the benefit of all people in
that economic system.
A Democratic congress:
Gutless for hesitating to write a $700 billion check to the
private industry, who have spent the last 7 years pursuing their own selfish
needs, not for the benefit of all.
Something about this situation doesn't seem right. Maybe
it's the sudden reversal of the positions of several key Republicans on the
economy (i.e. George Bush, John McCain), who up until recently have claimed "the fundamentals of our economy are strong", now are eager and strong
advocates for the largest government intervention in our country's history.
Maybe it's the fact that these same advocates, who have spent the last 7 years deregulating the economy, now want us to give $700 billion to those companies who have essentially driven their companies into the ground and ask for this money to be given to the companies without regulation.
Maybe it's the scare tactics the
leaders in the administration are now using to push for a deal, any deal to come through the
congress, no matter how hasty or incomplete that legislation is. Maybe it's that this administration and their friends are demeaning and degrading those who would have us stop, think and consider what the implications of such an
unprecedented piece of legislation would have.
Maybe it's that I'm a 23-year-old
graduate student living in a state where the job market isn't the most open and inviting to new and inexperienced workers. Maybe I worry about the kind of future I'm going to have if my country is in an unprecedented amount of debt
because of the greed of the elite to make hundreds of millions of dollars in profits for themselves and their shareholders.
Maybe it's all of the above. We're
in a big mess. But the policies during the last 7 years have contributed to the situation we are in now. But should we honestly blame those (Betty Sutton,
Marcy Kaptur, Steve LaTourette) who are now questioning the motives and the policies of the leaders who have put us in this situation. Gutless they are most certainly not. What this situation needs isn't a quick fix, it's a good
kick in the nuts to get things going in a different direction.
- Tags:
- economy,
- outrage,
- bailout,
- republicans,
- democrats
- Posted in Assignment:
- Bailout outrage
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