Jophiel wrote:
gbaji wrote:
McCain has actually been doing work
What so, exactly?
Actually meeting with Republican and Democrat members of Congress to hammer out a real deal instead of the farce that was presented in yesterday's meeting. Um... But that's not getting much press now is it? Meanwhile, Obama is hanging out in a hotel lobby giving interviews to any reporter who walks up and talking about how McCain is somehow making things worse.
What I find amazing about this whole thing is how liberal pundits talked for days in a sarcastic tone about how Republicans were supposed to be against big government, so why was Paulson and Co pushing this big bailout deal, and yet now they're shocked when Republicans actually oppose the very big government plan that the Dems attacked them for not opposing.
You don't get to have it both ways. Either it's wrong for Republicans to go along with a big government plan, or it's not. How about you guys pick a position for once instead of standing on the sidelines sniping? What happened here is that the Dems took a plan that had some serious spending in it that most sides weren't happy with but was considered necessary, then invented their own version which included stuff like paying off mortgages for people who shouldn't have been granted them in the first place, and elimination of CEO packages (some of which may be reasonable, but they were pushing it far too broadly), along with additional packages that essentially do more of the same thing that got us into this problem in the first place.
When will the Dems realize that the reason we're in this problem is that we attempted to use the lending institutions of this country as a social engineering construct by giving people loans they couldn't afford to pay off? By bundling yet more of that sort of spending into the very package designed to pay off the difference, they're just pushing the problem further down the line. It's the same mistake that's been made for the last 20+ years. How about we actually do the right thing for once?
And for those thinking that no-one saw this coming and tried to correct it. You're wrong. I found some
blog page that has a pretty decent rundown of events. It's actually missing a couple of earlier pieces, but does do a decent job showing who did what and when. Basically, this issue has been split on party lines, with Republicans wanting to overhaul the lending system to prevent the exact problem we're now facing and Dems blocking those attempts right across the board.
As I've been saying all along. The Dems want those systems to work the way they do so they can use them for their social agenda. What's happening right now is that we're paying for the money they've been spending without us noticing. That's 700 Billion dollars of our money that they've handed away and want us to pay. And we might have to just to clean up the mess. But I think it's reasonable that we change the systems so that we're not continuing to use them in this manner going forward. If we spend this money and don't address the problem, we'll just hit the same thing 10 or 20 years from now. And it'll likely be worse then now.
So yeah. Republicans are right to block the Dem version of this. Not only are the Dems really the ones's most responsible for the problem, but they're attempting to use the "solution" to just do more of the same thing that got us into this mess in the first place.