September 29th, 2008 8:09 PM
Democrats For Big Business, Free Marketer Socialists, and Christian Scientist Medicines: What Side Is Up Around Here?
Here I thought I owned the trademark “Flip It”, but it seems that maybe I woke up in a Flipped country lately. Explain this:
I thought the Democrats were supposed to be for the “little guy” whom we’re going to tax/borrow from his grandchildren and they were supposed to be against the big corporations/Wall Street crowd that will be the only direct beneficiaries of this bail out package…YET THE DEMOCRATS VOTED FOR THIS WALL STREET BAILOUT PACKAGE OF 2008!
I thought the Senators, what with just two from each state thereby making NM senators as powerful as NY senators, were supposed to be a balance for the less-populated middle American states whom we’re going to tax/borrow from his grandchildren and that the House was supposed to be a benefit for those populus states on the coasts that stand to directly benefit from this bail out package…YET IT’S IN THE HOUSE WHERE THIS BILL GOT VOTED DOWN WHILE IT FLEW THROUGH THE SENATE!
I thought Steve Forbes and Warren Buffett and my old friend on CNBC were free marketers who believed that the best way to true prosperity is through free market principles…YET THEY ALL ARE BEGGING YOU FOR THIS BAILOUT PACKAGE!
I read in the NY Times that Hank Paulson is a Christian Scientist, which means he believes that it’s best to use as little medicine as possible and to let the system take care of itself…YET HE’S PRESCRIBING ALL THIS POISON TO FIX THE POISON IN OUR SYSTEM!
What side is up around here?
PS. So I’m in my hometown of Ruidoso, NM taping some spots for “My Hometown: Opportunity in America” and I’ve had many a conversation with the locals here. For the record, it’s a small business-centric, tourist-driven economy in a mountain oasis town in the middle of the desert with a 12,700 foot peak Ski Apache ski resort and the Texas-oil-economy-driven summer Ruidoso Downs Racetrack.
And I don’t know a single person here who is for the bailout. A well-off elderly couple even laughed today when I asked if they thought they’d have trouble getting a loan from the local bank if Wall Street isn’t bailed out. This was as the market was down 600 points on the day. I said what’s funny. They said their local bank hasn’t overextended itself and has prepared itself for the just-started local real estate downturn and that they’ve got capital to put down if they wanted to. Fair enough, I suppose.
