The Democrats are so used to playing the Washington Generals to Bush’s A game (well his B and C games too), that I can only speculate that they’ve been stricken sick by some virulent form of Stockholm syndrome. The Democrats (with their ‘fearless’ leader Barack Obama) have gotten so used to playing George Bush’s battering rams (for seven plus years), that they’ve begun to have deep feelings for their abuser.
George Bush has stated that most if not all of the money, used to bailout these financial companies on Wall Street will be returned to the U.S. Treasury. I love to hear a Republican talk about the public sector, it’s like listening to a young boy talk about a foreign culture that he’s just been newly thrown into. What entity (public or private) makes an investment on this basis (and this is the MBA president)? The only Democrat I’ve heard talking about giving the taxpayers an ownership stake in these companies is Dennis Kucinich (why always Dennis?). This, or having the rich finance the bailout, seem to me, to be the only just ways to go about this (if we must have a bailout, which I’m not even convinced we do). As long as the Democratic leadership doesn't raise these issues, they are conspiring with the Bush plan for one final fleecing of the American public (before he rides off to Crawford).
I’m not an economist, but it occurred to me, why don’t we take this opportunity to bailout those that are never bailed out; instead of those who are always the fortunate recipients of this kind of treatment (Wall Street)? We should create a plan that bails out the poor, the working class, the disabled, all oppressed groups in America. To robotically fall in line behind Paulson’s plan, is to do a great harm to the country. Not only this, but it is to fall in lockstep with a man (and his administration) that has poorly ’served’ the country for seven plus years.
