ALL money to the poor who pay NO taxes because the Dems are smart enough to figure out that they will be in power FOREVER by doing that.....SHADES of HUGO CHAVEZ.....morphing into Mugabe someday.
I don’t know what’s supposed to be “stealthy” about it - it’s just the biggest power grab, abrogation of rights and confiscation of wealth in history.
No the Dems are not using “stealth”... they are jumping through the wide open window which Pres. George W. Bush opened for them that threw us into this Socialist nightmare.
When he turned his back on the Constitution, the rule of law and the Free Market he set us up for this fall, and the Dems are just doing what they do best, capitalizing on it.
OMG Did I say that? the BushBots will be out in force now!
In Ed’s little BDS rant, he gives his party absolution and completely ignores Fannie and Freddie.
Here's what he wants for the credit crunch:
That sounds a bit ominous, but it gets worse when you hear what he thought Bernanke should have done already:
The administration has the power now or through laws that Congress could pass to make the banks lend and provide the needed liquidity.
What?! There's so much wrong with this.
impose a requirement that the banks do their job to lend for which they were licensed and only to those applicants who were creditworthy and at the same rate as the prior year,
What if "creditworthy" borrowers are maxed out and don't want to borrow any more money?
The Dems (and their propaganda ministry, formerly known as the media) want you to believe the "credit crisis" is about trust. They say that banks just aren't lending to people anymore.
And in support of that, the banks have had to reign in and tighten standards for who they will loan to. Being "creditworthy" today is a lot higher standard than it was two years ago.
What if that's not the real problem? What if the so called "credit freeze" is more a problem of excessive debt. What if most people and businesses have stopped borrowing because they have more debt than they can handle already.
Well, the Dems have the solution for this, too. If you're too cautious to borrow any more money yourself, they will borrow trillions on your behalf, and stick you with the bill. They'll use it to build their socialist utopia, and stick you, the taxpayer, with the debt and the bill.
I'm beginning to wonder if anything short of a taxpayer revolt is going to get this country turned around.