Monday, September 22, 2008


By sometime this evening, you will begin seeing and hearing stories alleging that the Democrats are holding up the president's bailout plan for the economy. You will hear how Sen. Obama and his congressional colleagues are threatening to kill any chance of saving our nation's economy unless they are allowed to make unnecessary changes to the plan.
This, my friends, is bullshit. There is nothing in the proposal for the average taxpayer. The plan the Bush administration is pimping calls for nearly a trillion dollars of your money to be spent buying up paper that Wall Street and foreign banks don't want anymore. The whole point is to let the greedy idiots who caused this mess off the hook with no consequences. Their mistakes go away and they get cash to resume running their companies and the economy into the ground.
Congressional Democrats are starting to speak out about this. Sen. Obama appears to be slowly laying the groundwork for coming out the proposal. The GOP and Sen. McCain will begin shrieking that the Dems are trying to destroying the economy. They will allege that Obama is connected to FannieMae and FreddieMac, two badly run funds that helped created this mess. Not only is that crap, but it obscures the fact that McCain's campaign is run by lobbyists who made millions of dollars advocating for the regulatory changes that allowed this whole mess to happen.
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