Quote from Pa(b)st Prime:
Use your head. Look at the votes on these bills. The bailout is the perfect example. Pushed by Bush it failed to carry the majority of House Republicans but instead carried among Democrats. The Dem's love to disingenuously trumpet their opposition to the Bush budgets. Why did they vote nay? Because the spending proposals weren't big enough. Always remember, Bill Clinton didn't balance the budgets, Newt Gingrich did. And in response to the Tech meltdown Congress and the administration felt stimulative gov spending would avert a depression. They were right. It did. But as Americans fail to grasp, hyper inflation and credit default is far worse than a prolonged decrease in asset valuations.
Well, Yes the house republicans did well and were on the verge of winning my vote then they chickened out and voted for the bill after 150 B$ of pork was added to it. Even McCain, the anti-pork "I'll make them famous" champion voted for it
Moreover, the very Republican prez of the United States, Bush was all for it.
The Dems are spenders, it doesn't contradict their ideological positioning, they didn't betray their principles by voting for it. They believe in Gov spending as a way to grow the GDP (and there is some thruth to that.)
The GOP betrayed their principles. These Repub are neither free market, nor capitalists.
They should have stopped the bailout in its tracks and let the banks meltdown. They didn't. They need to pay for it. Accountability is very much a Republican value. time to own to their mistakes and eat their own medicine.
