Tag archive for ‘Government Action’
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
The GOP: A National Party no more… and what I hope we will do about it.
Washington, D.C. (rightcommentary.com): I believe that the GOP is coming unhinged - for lack of a better description. I have never once been this frustrated with my party as I have been in the last 8 years. As I’ve said to colleagues for about the last two years - it takes guts to be a [...]
Entries (RSS)