Posted on 09/23/2008 10:01:05 PM PDT by nickcarraway
Go Thad!
It will pass. Bush will call Congress back if he has to.
If Congress refuses, then Bush will try to figure out some form of Executive Order to make it happen anyway, even though he can't actually allocate dollars.
There is no solution by man to this problem. The damage has already been done and now our country will pay for its many sins.
The Congress and President should only act in this financial crises if they believe that we are a Socialist country.
If we are not a socialist country, they should do nothing.
the problem is that there is a lot of socialism in this non-socialist country
There are some good points in his proposal, even point nine.
But Dim votes are needed for the proposal and point nine will hurt getting them. I agree with the point, but Dims will see it as “sticking it to them” and vote no.
So, Thad should leave it out and aid the chances for the heart of his proposal.
but #9 is the RSC plan
http://www.humanevents.com/article.php?id=28678
Nice alternative to Socialism bump.
I hate to break it to you but, when the Government Nationalizes a major corporation, bans short selling, pays out a Trillion Dollars to Wall Street and the President proposes a bill that gives dictatorial powers to the Secretary of the Treasury, you have to admit that you live in a Socialist country.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
yeah now...that is what we’re fighting against
I sense that the Bush/Paulson BOHICA bailout plan is beginning to get a great deal of well-deserved critical attention. I tend to trust Newt and Cornyn on this- and NOT BOOSH!
I don’t know the answer any more. When this was a save the country kind of thing, I was on board.
But being politicized as it has been and with the potential of “add ons”, my cynical nature has reared it’s ugly head.
When in doubt (as I am today)...don’t.
If we are not a socialist country, they should do nothing.
You must be Herbert Hoover reincarnated. Don't throw the baby out with the bath water. If this market crashes Obama is president.
Obama and his left wing friends can't wait to delegitimize market economics and replace it with a command control French/Soviet model. Don't let the perfect be the enemy of the good.
So, you are saying that we must become a Socialist Nation and Nationalize a major Corporation, prohibit trading on Wall Street, grant dictatorial powers to the Sec. of the Treasury and spend a Trillion Dollars to bail out Wall Street just so we can keep Obama from being President?
You, do realize that only a Socialist would support the above actions?
How do we get our elected “elites” to go for this?
Great work by the GOP!! Putting together a thoughtful alternative and something McCain and those in tight congressional races can latch onto!
We always do come up with the best ideas.
Ideologues run think tanks and academic departments but nothing of practical value. The credit markets are frozen, recession, and a downward deflationary spiral are virtually guranteed if the banks won’t lend money.
Rail on about socialism all you want Herbert. But it won’t resolve the financial crisis we collectively face as a country.
A. Borrow it from the Chinese
B. Print More Money
Either way is going to cause massive Inflation.
Wall Street, where Profits are Private and Losses are Nationalized.
People on this thread are endorsing a specific alternative to fix the credit crisis, one that protects the taxpayer, and all you can do is criticize them for opposing socialism?
Why do you think Paulson's plan is the only one that can work?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.