Conservatives Have Been Rushed Too Often

We Americans Have Been Rushed in the Wrong Direction Too Many Times by the current presidential administration, and the current situation looks like more of the same: a proposal which somehow protects Wall Street and its CEOs, while putting the rest of America at greater risk.

Genuine Conservative Americans have been at a loss in the current political circumstance. But the choice of feckless Republicans has not been the answer. Our sad, recent history shows this.

It Is Time to Refine Our Ideologies. With the factual evidence of the past eight years, we now know that regulation, always imperfect, is also always necessary. Laws and regulations mitigate unfettered greed and recklessness. Conservatives must find a better way.

No One Likes to Be Regulated or Taxed. But a government without controls--or without income--is a crippled government going over the falls. And a Congress which rushes always to the aid of the ship, while consistently ignoring the passengers, will eventually founder.

Fortunately for America, Congress Is Not Cowed This Time. The bipartisan cooperation currently rises to meet the high expectations of the American public. Those expectations shall not be disappointed. In times of dire crisis—when it really matters—the United States Congress comes through.

The Success of the Barack Obama Campaign to date, meanwhile, shows that the presidential candidate knows how to manage. Against formidable opponents along the way, he has demonstrated an agile ability to learn as he goes along. The Nation currently rushes toward a Niagara Falls of economic distress. At the helm, we want a clear head, undistracted by ideology, with a pragmatism that represents the finest spirit of the American people.

My Name Is Not Barack Obama, and Barack Obama does not even know about this message.


Thank You for Your Support

In for a Penny, In for the Whole United States Treasury

At Least Federal Reserve Chairman Ben Bernanke had the decency today to say that he has made plenty of mistakes. Has anyone else in the Bush Administration ever apologized to the American people? Has anyone else in the Bush Administration said anything even close to this?

For the Rest of the Bush Administration, right now it's “Empty the rest of your wallets, step aside and shut up, or the whole ball of wax goes up in flames.” This may be as close to an apology as we citizens of the United States are likely to get. For any or all of these messes.

The Free-Market Ideology, the Great Experiment, is now the experiment that has failed. It has failed American Conservatives in particular, and it has failed the American people overall.

Over the Past Eight Years, We Have Seen what the decades-long dismantling of essential regulatory measures has done to the economy—from the savings and loan industry back in the 1980s, all the way through to the banking and mortgage and investment fiascoes of today.

President Bush’s Appointees, Treasury Secretary Henry Paulson and Fed Chairman Bernanke, offer absolutely no assurances as to why we should trust them now, in the face of their long series of failures. If a bailout is necessary, it seems prudent to look for someone different to give the thing a try.

It Is Common to Resist Changing Horses in the Middle of the Stream, even if the horse you’re on is crippled and drowning. That fear of changing “horses” is part of what re-elected President George W. Bush in 2004. As some Conservatives said, “He got us into it; he can get us out.”

Well, It Seems That This Horse Can’t Get Us Out, and indeed his people have continually made things worse. And now his people come to Congress, hat in hand, and beg for the American worker to bail the Wall Street bankers out.

Secretary Paulson Says That If We Try to Limit the Bailout, such as by asking for equity positions in the risky investments that we buy—or by limiting the multimillion-dollar CEO salaries of the companies involved—why, these firms—these CEOs—might just turn us down.

That’s Right: the CEOs of These Desperately Troubled Firms might just say to us, “Thanks....... But no thanks.”

And Then Where Would We Be?

If We All Go down the Financial Tubes Without Their Bailout, at least they won’t be taking $700,000,000,000 more of our money with them when we all go. At least they won't be “laughing all the way to the bank” without us.

The Good News: Exactly six weeks and counting until we vote the current, uh, Free-Market, Anti-Regulation Republicans out.